; Contract Approval Form Introduction How to Use This Template Once the executive has reviewed the Purchase Recommendation it will need to decide whether or not to approve the recommendation and th
Documents
Resources
Learning Center
Upload
Plans & pricing Sign in
Sign Out
Your Federal Quarterly Tax Payments are due April 15th Get Help Now >>

Contract Approval Form Introduction How to Use This Template Once the executive has reviewed the Purchase Recommendation it will need to decide whether or not to approve the recommendation and th

VIEWS: 521 PAGES: 2

Ready to Use RFP Templates- Ensure you get what YOU need from your vendors! Creating a Request for Proposal (RFP) can be a time-consuming task. The RFP provides vendors with the relevant operational, functional, and architectural requirements of your unique issue. These editable templates include all the critical aspects to consider and save significant time in the RFP creation process when considering vendor offerings.

More Info
  • pg 1
									Contract Approval Form
Introduction: How to Use This Template
Once the executive has reviewed the Purchase Recommendation, it will need to decide whether or not to approve
the recommendation and the associated contract. While the hope of the acquisition team is that all
recommendations are immediately approved, that is not often the case: many executive teams will require
additional information prior to approval or may deny the acquisition outright.

The purpose of this template is to allow the executive to document and communicate its reasons for approval or
denial. Once completed, it will be up to the acquisition team to resolve any outstanding issues prior to signing the
final vendor contract. In many enterprises, this form will serve as a required addendum to the Purchase Order (PO).

Be sure to remove any introductory or sample text in dark grey before using this template.

Recommended Acquisition
Type of Acquisition:
Recommended Product:
Evaluation Team Leader:
Executive Team Members:
Today’s Date:

Approval Status
The recommended acquisition has been (check one):

                ___ Approved             ___ Approved, with Conditions             ___ Denied

If the acquisition has been “Approved,” then the final vendor contract can be signed immediately by the appropriate
signing authority.

If the acquisition has been “Approved, with Conditions,” then the acquisition team must resolve the following issues
cited in the table immediately below. Resolution of all issues must be confirmed with the executive prior to the
								
To top