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CENTRAL OREGON COMMUNITY COLLEGE Board of Directors Meeting AGENDA Wednesday, September 11, 2019 5:45 PM CCC Madras Campus Community Room TIME**5:45 items. II. III. IV.ENC.×Factional to Order Introduction
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Begin by reviewing the contract thoroughly, ensuring you understand all the terms and conditions.
02
Identify any areas that require further clarification or negotiation.
03
Gather all the necessary information and documents related to the contract, such as financial records, legal guidelines, and supporting evidence.
04
Enter the relevant details into the contract template or form, ensuring accuracy and completeness.
05
Review the completed contract for any errors or inconsistencies, making necessary corrections.
06
If applicable, seek legal advice or consult with relevant stakeholders for additional input or suggestions.
07
Obtain the required signatures, either electronically or in person, from all parties involved in the contract.
08
Submit the contract to the designated approver(s) for their review and approval.
09
Follow up with the approver(s) to ensure timely completion of the approval process.
10
Retain a copy of the approved contract for record-keeping purposes.

Who needs approval of contracts?

01
Anyone involved in entering into a legally binding contract may require approval of contracts. This includes individuals, businesses, organizations, and governmental entities.
02
In businesses, the approval of contracts may be needed from department heads, legal counsels, executives, or a designated contract management team.
03
Governmental entities often have specific approval processes involving multiple levels of review and authorization.
04
It is crucial to determine the specific approval requirements and authorities within your organization or jurisdiction to ensure compliance and enforceability of contracts.
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Approval of contracts is the process of obtaining authorization or consent for a contract to be legally binding.
The parties involved in the contract are required to file approval of contracts.
Approval of contracts can be filled out by providing all relevant information about the contract, signatures of all parties involved, and any additional required documentation.
The purpose of approval of contracts is to ensure that all parties involved are in agreement with the terms and conditions of the contract.
Information such as the names of the parties involved, the terms and conditions of the contract, the date of approval, and any additional relevant information must be reported on approval of contracts.
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