Bulletin: Stanford Contract Process Improvement (November 7, 2013)

Stanford University Procurement has implemented a new procedure for contracts for amounts under $25,000. This procedure, created by Procurement and approved by Stanford's Office of General Counsel and Risk Management, is expected to help to make the overall process more transparent and efficient, both for the university and its suppliers.

With this change, a Purchase Order with associated Terms and Conditions, all sent by email, will serve as the contract between the university and the supplier / contractor, making it unnecessary for the supplier / contractor to sign and return a paper contract.

See How Contracts Are Processed for more information. Suppliers who have questions related to contracts with Stanford can contact the Financial Support Center (650-723-2772).