The contract management professionals at the university review and negotiate agreements requiring distinct, two-party signed agreements documenting specific terms and conditions covering the procurement of goods and services by NIU. Purchase orders support such agreements, which then allow suppliers to submit invoices for payment.
Fundamental to effective, thorough contract management are the management of risk and the establishment of general terms and conditions for all purchases.
These terms and conditions apply to all purchases of goods and services made by the University, including those purchases made on a purchase order without a separate, distinct, two-party-signed agreement.