Creating contracts from a template

  1. Select Contracts > Contracts.
  2. Select Actions > Create Contract From Template.
  3. Specify this information:
    Contract Group
    Select a contract group.
    Template
    Select a template.
    Name
    Specify a name for the new contract that you are creating.
    Description
    Provide a description.
    Primary Internal Contact
    Select the person who is primarily responsible for the contract. This field is required before the contract can be released.
    Supplier
    Select a supplier.
    Supplier Contact
    Select a supplier contact.
    Contract Type
    Select a contract type.
    Contract Subtype
    Contract subtypes are used to further define a contract type. If a contract type and contract subtype are defined for a contract, the vendor agreement that is assigned to the subtype is used to process the contract.
    Contract Classification
    Select a contract classification.
    Contract Subclassification
    If a contract subclassification is assigned to the classification, then the rules that are defined in the contract subclassification take precedence.
    Parent Contract
    Select a parent contract to link to the new contract.
  4. In the New Contract Dates section, specify this information:
    Effective Date
    Select the dates that the new contract becomes effective.
    Expiration Date
    Select the dates that the new contract expires.
    Contract Review Date
    Select the date on which to review the contract for further negotiations. If the current date is after the review date, an Up For Review message is displayed on the contract header.
  5. In the Copy Options section, select one or more check boxes for items from the existing contract to include in the new contract.
  6. Click Submit.