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Montclair State University Contract Approval Sheet Must Be Completed Prior to Submission to the Office of University Counsel For Review of All Contracts 1. Individual initiating contract: 2. Does
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How to fill out contract approval sheet

How to fill out contract approval sheet
01
Start by reviewing the contract thoroughly to understand its terms and conditions.
02
Identify the key areas that require approval and focus on those.
03
Fill out the contract approval sheet by providing details like contract number, date, and description.
04
List the names and roles of individuals who are required to approve the contract.
05
Include signature lines for each approver and leave enough space for them to sign and date.
06
Clearly indicate the deadline for approval and any additional instructions or comments.
07
Double-check all the information filled in the approval sheet for accuracy and completeness before submitting it.
08
Once the contract approval sheet is filled out, distribute it to the respective individuals for their review and approval.
09
Follow up with the approvers to ensure timely completion of the approval process.
10
Store a copy of the filled-out contract approval sheet for record-keeping purposes.
Who needs contract approval sheet?
01
Contract managers
02
Business owners
03
Legal departments
04
Procurement personnel
05
Anyone involved in the contract approval process
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What is contract approval sheet?
A contract approval sheet is a document used to formally approve contracts within an organization, ensuring that all necessary parties have reviewed and consented to the terms before execution.
Who is required to file contract approval sheet?
Typically, employees or departments involved in drafting or negotiating contracts are required to file a contract approval sheet, particularly those in procurement, legal, or finance roles.
How to fill out contract approval sheet?
To fill out a contract approval sheet, you should provide details such as the contract title, parties involved, terms and conditions, amount, duration, and signatures of approving authorities.
What is the purpose of contract approval sheet?
The purpose of a contract approval sheet is to ensure that contracts are reviewed, authorized, and properly documented to mitigate risks and ensure compliance with organizational policies.
What information must be reported on contract approval sheet?
Information that must be reported on a contract approval sheet includes the contract title, description, involved parties, financial implications, start and end dates, and the signatures of approvers.
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