Procurement and Payment Services is excited to provide the Contracts+, (formerly known as Total Contract Manager) service to the UT Austin campus.
Contracts+ is an electronic contract management system currently used by Business Contracts Office (BCO). Effort is underway to allow campus users access to the Contracts+ platform. Following CSU onboarding and training, appointed CSU users will be able to:
- review status of contract submitted to the BCO;
- report on contracts currently in-effect within your CSU;
- enforce important contract terms, such as dates and deliverables;
- report on your upcoming contract expirations or renewals;
- have increased transparency into campus-wide contracts with a specific vendor or customer.
This effort will provide the following direct benefits to campus:
- effectively replacing the Business Contracts Review Checklist and submission email with an online request form. This will shorten the time required for processing contracts.
- Contracts+ will also provide ad-hoc reporting capabilities along with automated notifications regarding the expiration and renewal of contracts.
- Ability to search the Business Contracts repository for previous agreements with outside parties for all departments of the University.
- Transparency into the request review, approval, and contract execution process by contract requestors, contract managers, and other stakeholders.
- In the future, Contracts+ will be used to automate the drafting of agreements on University approved templates, incorporating the data gathered by the online request form directly into the agreement templates available in the system.
Transition to the Contracts+ platform has been underway and will continue through May 2022. For additional questions regarding the process contact the Business Contracts Office at vpcfo.contracts@austin.utexas.edu.