Resources - Contract Processing

New status in the CMM: Approved with Advisory Notes

This new status will help communicate when there have been requested changes to the contract, including but not limited to:

(i) negotiating requests for revisions to contract terms, (ii) advising department on contract compliance/abiding by contract requirements & and areas of potential risk that we won't necessarily be able to mitigate by revisions, or (iii) requesting additional subject matter expert(s) compliance review.

Approved with Advisory Notes indicates that the Contracts team may need to work with the vendor to amend, clarify, or make additional changes to the contract prior to signing.

What this means for you

The Contract Submitter will be receiving an email at the end of the contract review cycle, letting them know if their contract is in this new status. No action is required by you, however, there is a link which allows you to quickly view the contract record in the CMM System to see what the proposed changes and recommendations are.

Contract Guides, Resources, and Links