Procurement and Contract Services Policy & Procedures Manual
Section 400: Contracts
Effective: 7/1/2010
Revised: 1/10/2019
Procurement and Contracts will strive to be consistent in the naming and use of certain agreement types defined in these policies in order to maintain consistency and continuity within the university. The agreements will be written in a manner that clearly establishes the roles, responsibilities and obligations of the parties involved. Any financial obligations should be clearly detailed including amounts and terms. The following are some of the types of contracts and their intended use.
Interdepartmental agreements are intended to document agreements between OSU departments. Interdepartmental agreements can be processed and signed by the departments.
Intergovernmental Agreements are intended to be used between OSU and other governmental agencies. Intergovernmental Agreements require review, approval and signature by an authorized contracts officer.
A Memorandum of Understanding (a.k.a Memorandum of Agreement and Letter of Intent) is a document describing an intended common line of action. These are informal and understood as precursors to a formal legally binding contract. Memorandums of Understanding require review, approval and signature by an authorized contracts officer.
Purchase Orders are contracts and are issued for the purchase of goods or services. Purchase orders are legally binding contracts.
Personal Services Contracts (PSC) are used to contract for infrequent, technical or unique services performed by contractors with specialized, technical or scientific expertise of a professional nature. Examples of professional services contractors include:
Personal Services Contracts must be issued when the dollar threshold will exceed $5000 cumulatively in one fiscal year for a department. However, Personal Services Contracts may be used at any dollar level, and are highly recommended when detailed expectations or obligations are necessary.
Contractors performing work on a PSC may not:
Locum Contracts may be issued using a Personal Services Contracts (PSC) or another form of Contract prescribed and developed by PCMM. Locums are issued Contracts to temporarily fulfill the duties of a regular doctor and will be governed by their respective regulatory bodies, despite the transient nature of the position. A locum, when they are being paid on a Personal Services Contract, is considered an Independent Contractor. In order to Contract with a Locum, all of the following criteria must be met:
Sponsorship agreements are intended to document a vendor’s support of a specific event or activity. In return the vendor typically received acknowledgement of the sponsorship and other benefits at the event. The value of the sponsorship should be equivalent to or greater than the acknowledgement or other benefits received.