Creating contracts from an existing contract

Creating a contract from an existing contract helps reduce the amount of information that needs to be entered when creating the new contract. By copying and reusing existing contract information, you can change or edit information that is specific to the new contract.

To create a contract from an existing contract

  1. Access Contract Management > In Progress tab.
  2. From the Actions menu, select Create Contract From Contract.
  3. Use the following guidelines to enter field values:
    Note: 

    If you do not enter new values for the contract, values from the contract being copied will appear (not including vendor agreement information) with the exception that the Working Contract ID value will default to a new contract number.

    Contract Group

    Required. Select a contract group to assign to the new contract.

    From Contract

    Required. Select an existing contract that you want to copy and use as a base for the new contract.

    Name

    Required. Type a name for the new contract that you are creating.

    Description

    Type a description for the new contract.

    Vendor Agreement Ref

    Type a reference if the new contract includes a vendor agreement.

    Vendor Agreement Desc

    Type a description if the new contract includes a vendor agreement.

    Contract Type

    Select a contract type for the new contract.

    Contract Classification

    Select a contract classification for the new contract.

    Effective/Expiration Date

    Select the dates that the new contract becomes effective and expires.

    Contract Review Date

    Select the date on which you are to review the contract, to see if further negotiations are needed.

    Copy Options

    Select one or more items from the existing contract that you want to copy and include in the new contract.

    • Articles and terms

    • Comments

    • Participants

    • Members

    • Contacts

    • Contract Lines

    • Manually Added Questions

    • Milestones

    • Deliverables

    • Tiers or Distributor Pricing

    • Manufacturer Contracts

    • Line Comments

    • Select All

  4. Click OK.

    The values, dates, and options for the new contract are saved and the contract is displayed on the In Progress tab.

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