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(SAMPLE)BOARD RESOLUTIONWhereas (legal name of your corporation) shall continue to operate and provide services to the Los Angeles community;Whereas authority to contract with funding sources shall
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Contracting policies refer to the framework and guidelines that govern how contracts are created, executed, and managed within an organization.
Typically, organizations, agencies, or individuals that enter into contracts are required to file contracting policies, especially in public sector and government entities.
Filling out contracting policies involves providing information about the contract type, parties involved, terms and conditions, and compliance with applicable laws and regulations.
The purpose of contracting policies is to ensure consistency, legality, and accountability in the management of contracts, reducing risk and ensuring compliance with regulatory standards.
Information that must be reported includes details about the contracting parties, contract terms, performance metrics, compliance requirements, and any changes or amendments.
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