The contract procedures indicate in VendorLink the procedure according to which the contract was concluded and whether re-contracting is required.
VendorLink links a number of functionalities to these procedures:
- Earlier contract end notifications for longer procedures.
When setting a period, the notification is sent x number of weeks / months earlier than the set default notification date.
When a complex procedure is required for re-contracting, a long renewal period can be set, which means that Contract Notifications are activated earlier.
- Legality analysis in combination with Spend Management.
Enter a threshold for the legality analysis in Spend Management.
Below you will find a brief explanation of the properties that you can assign to a contract procedure.
|Procedure||The name of the contract procedure.|
|Amount||The number of times the chosen period for the contract procedure
(For example: Quantity: 3 Period: Month = 3 months).
|Period||The type of period (day, week, month, quarter, year).|
|Lawfulness threshold||The threshold for the legality analysis.|
Examples of contract procedures:
- National tender;
- European tender;