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Policies & Contracting Standards

Standardized Procurement Contracts
Standardized materials and services contracts can lead to lower procurement cost and less time delay. For large and mid- sized companies, the process includes organizing an in-house team to identify one or more of the following:
  • needed contract standards
  • procurement policy & standards
  • authority limits (who approves, who signs)
  • what types of standard contracts would be most beneficial
  • desired terms & clauses preformed by your procurement staff
For smaller companies, identification and implementation may be much simpler, even as simple as providing a standard short-form or long–form services contract.

Whatever the scope, a straightforward assessment can evaluate your needs and propose a standard plan to match your procurement process.