Section 8: Contract Review and Approval
This section involves a comprehensive review of the proposed contract to ensure that it aligns with organizational policies and procedures. A designated reviewer will examine the terms and conditions, pricing, delivery timelines, payment methods, warranties, and any other relevant details. The goal is to identify potential risks or issues that may impact the project's success. If necessary, amendments will be negotiated with the supplier or vendor to rectify any concerns. Once the revised contract meets the requirements, it will be submitted for formal approval by authorized personnel, including procurement officers and department heads. This review process ensures that all parties are on the same page regarding their roles, responsibilities, and expectations