North Carolina Vendor Services Terms and Conditions of Use

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Multi-State
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US-ET0428-AM
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Word; 
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Description

This form contains "click through" acceptance language which confirms a company or individual agrees to terms and conditions under which the company and/or individual may access vendor services.

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FAQ

Choose HUB and/or NCSBE as registration type when registering for an electronic Vendor Portal (eVP) account. Navigate to Certifications and start HUB / NCSBE certification application, fill out all required information, and accept HUB / NCSBE Terms of Use.

A vendor contract (otherwise known as a vendor agreement) is a business contract between two parties covering the exchange of goods or services in return for compensation. Vendor contracts establish the business relationship conditions and include details on each party's obligations under the contract.

A supplier agreement should include essential terms such as payment terms, delivery obligations, liability clauses and warranties. Management contracts and services schedules provide structure to ensure duties and expectations are met for successful business relationships.

A standard vendor agreement has to include detailed information about the entrance and withdrawal conditions. The scope of goods/services, the exchange conditions, the contract duration and territorial validity, as well as commissions and ways to pay them ? these are typical must-haves.

How to Write Winning Contracts with Your Vendors Term and Termination. The term of your contract is always negotiable. ... Definitions. ... Scope of Products, Services and Support. ... Pricing. ... Ordering, Delivery, Invoicing and Payment. ... Account Management and Reporting. ... Title, Risk of Loss and Warranty. ... Data Privacy and Protection.

6 Key Standards for Your Vendor Contracts Clear definitions around vendor services and both parties' responsibilities. ... SMART (Specific, Measurable, Accurate, Reasonable, Time-bound) service levels. ... Due diligence documents and audit reports. ... Information security and confidentiality of your data.

What should a vendor agreement template include? Scope of work. ?The agreement should detail the specific goods or services to be provided by the vendor. ... Price and payment terms. ... Delivery terms. ... Duration of agreement. ... Performance standards and KPIs. ... Termination clause. ... Dispute resolution. ... Confidentiality and non-disclosure.

Write the contract in six steps Start with a contract template. ... Open with the basic information. ... Describe in detail what you have agreed to. ... Include a description of how the contract will be ended. ... Write into the contract which laws apply and how disputes will be resolved. ... Include space for signatures.

All vendors are also encouraged to register with the State of North Carolina as a vendor, which is separate from this registration. To do so, please visit the NC Electronic Vendor Portal (opens in new tab). If you have questions, please contact the UNCSA Purchasing Department at 336-770-3320.

NC eProcurement is free to use for state agencies, K-12 school systems, community colleges, and local governments. For vendors to use NC eProcurement, there is a transaction fee of 1.75% on purchase orders for material goods.

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North Carolina Vendor Services Terms and Conditions of Use