The activities associated with writing or receiving and reviewing and accepting the contract for products or services. This may include requesting a formal legal review of the contract language by a qualified legal expert.
In general a purchase contract consists of four basic elements:
Final acceptance of the contract may be delayed when the terms of the offer differ from the terms of the acceptance (contractual language).
A Memorandum of Understanding generally does not constitute a contract.
|DPL||Denied Party List||DPL|
|MOU||Memorandum of Understanding||MOU|