UTMB as a party | UTMB should be listed as "The University of Texas Medical Branch at Galveston, a health institution of the University of Texas System, an agency of the State of Texas." |
Party Identifiers | Make sure that the parties are appropriately identified - UTMB is accurately identified as the providing or purchasing party. The identifier for the each party is appropriate and consistent throughout the agreement. |
Other party | Other party is clearly identified, matches signature blocks. |
Party demographics | Please verify current name, address, phone, fax of other party and of specific contact. |
Effective date | Fill in blanks. If effective date is to prior to signature date, include explanation. |
End date | Except for limited circumstances, contract should have a specific end date |
Other dates | Make sure dates are clear. For agreements in which payment is made over time or on partial performance, include payment dates. |
Deliverables | Include specific detail on reports (in or out), milestones, phase-approvals, etc. |
Renewal | Method of renewing or extending agreement clear. |
Termination | Method of terminating agreement, both with and without cause is clear. |
Amendment | Method of making changes or adding to agreement is clear. |
Completeness | All exhibits, attachments, schedules, Statement of Work, etc. are complete and attached? |
Early termination | Results are acceptable to department - payout, etc. |
Signatory Authority for UTMB | Signature block for delegated signatory authority is complete and accurate. |
Signatory Authority for other party | Signatory Authority for other party |
Payment | Payment schedule is clear. Elements needed to approve invoices, clear dates. |