Finance Updates

News, updates and information from the University of North Dakota Finance team.

Updates to UND Marketplace contract request process

 

New functionality has been deployed to the contract request process in UND Marketplace (Jaggaer). The contract request process – previously used to route a new contract through approval workflow and to a procurement officer for execution, now allows the same approvals process for requests to amend or renew an existing contract. If the request is to amend or renew a contract, the user will be required to select an existing, active, contract when completing the request. Using the existing workflow(s) in UND Marketplace should provide efficiency to end users seeking to renew or amend existing contracts and provide timely information to the Procurement Officer who will action the request.
  • A contact renewal means the existing contract terms and conditions will be extended for additional year(s) after the completion of the initial contract term.
    • Different contracts may have different initial term (typically between one to five years) and different number and length of allowable renewals.
  • A contract amendment is used to alter the existing contract terms and conditions, e.g. adding or removing items to a scope of work, or changing the agreed pricing. Note: this may occur as part of a contract renewal cycle.

If you have any questions or need additional information or training, please contact Procurement & Payment Services via und.pps@und.edu.