Contracts
Per Minnesota State Board Procedure 5.14.2 Minnesota State University, Mankato is required to prepare Professional/Technical contracts for all companies and individuals who will be paid to perform a task or service.
Examples of Professional/Technical contracts would include, but are not limited to speakers, entertainers and consultants. All accounts, including student organizations, activity accounts, grants, foundation, etc., are required to use contracts.
Contracts Fountain SharePoint Site
Difference Between a Contract and Purchase Order
Contracts are for
- Purchased Services
- Income
- Software License Agreements
- Intra/Inter Agency between MinnState or other State Agencies
- Intellectual Property
- Real Estate
- Data
Purchase Order (PO)
- Describes the goods or services to be acquired from external vendors
- Encumbers funds in the accounting system for the related financial commitment
Initiate a Contract
Marketplace (for Contract Managers Only)
Types of Contracts