One of the most frequent requests we’ve received from campus users is the ability to save and reuse vendor information. We’re excited to announce that this feature is now live in the Procurement Contract Portal! Think of the Vendor Table as your personal address book for vendors—most useful when it’s accurate, up-to-date, and free of…
Effective June 1, 2025, the Professional Services Agreement and Vendor Disclosure Statement will now be submitted through the Procurement Contract Portal, Agiloft. Also, effective June 1, 2025, Vendor Disclosure Statements are no longer required for contracts/agreements of all types that are less than $75,000. Please direct all VDS questions to acctspay@ua.edu. Please direct all PSA questions…
A contract can be referred to by various names, such as an Agreement, Settlement, Commitment, Warranty, Reservation, or Deposit. It is also possible for a contract to have no title and still be binding. The wording of the contract is what matters, not its title. In some cases, a signature is not necessary. This is…
The updated Procurement Contract Portal User Guide is now available on our website. The updated portal maintains a layout similar to the previous version, but at the request of our campus partners, we have introduced several exciting new features that the guide will help you navigate. One significant addition is the searchable Vendor Contact Table, which allows…
Many contracts have cancelation clauses that require the University to pay 100% of the contract amount if your department cancels the contract prior to an event. This is especially true for hotels and catered events. Contract Management tries to negotiate for a lower cancelation penalty, but occasionally, the vendor won’t agree. In those cases, we…
It has been one month since we launched our updated Procurement Contract Portal, and we would like to express our appreciation for your patience as we address the challenges associated with software updates. Here are a few important tips for logging in for the first time: 1. Before logging in, make sure to clear your…
A contract can be hidden under many document titles like Order Form, Reservation, Subscription, Warranty, Memorandum, and many more. A contract is an agreement between parties that creates an obligation to do or not to do something. So, the name of the document does not matter; it’s the obligations contained within the document that create…
The Professional Services Agreement (PSA) templates and standalone Vendor Disclosure Statements (VDS) templates have recently been updated. These updates were made in response to the most common questions received from our campus partners and vendors. Both templates now include a cover letter with contact details for both the initiating department and the vendor, and a…
Beginning April 8, 2024, all compliance-related reviews for software purchases will occur PRIOR to loading any contract documents into the UA Contract Portal. You will no longer complete and submit the Software IT form when you submit a contract for review and execution. This assessment replaces the previous form and will allow for a compliance…
One of the most common questions received by Contract Management is, “What kind of document am I uploading?” The Procurement Contract Portal Terminology Guide describes our most utilized document types and will help you create an organized and accurate electronic record. When in doubt, please contact Contract Management at contracts@ua.edu, as we are always available to help.
