Contract Approval Form

Author(s): Michel Hebert

1 Download

Get Instant Access
To unlock the full content, please fill out our simple form and receive instant access.

Once the executive has reviewed the Purchase Recommendation, they 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 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).

Related Content

Visit our Exponential IT Research Center
Over 100 analysts waiting to take your call right now: 1-519-432-3550 x2019