Abide by all regular procurement guidelines -- The same basic rules apply to a contract as for any other purchase, except that contracts are generally disallowed on the purchasing card. Use a voucher for contracts less than $10,000. If the contract is for $10,000 or more, you should use the TRAX requisition process.
Document Correctly -- Correct documentation will help your contract move through the system more quickly:
Requisition the whole amount -- When you submit a requisition, it should be for the whole amount of the contract. The only exception is if the contract will cross into the next fiscal year, in which case the requisition should be for the whole amount that will be paid in the current fiscal year, and another requisition should be submitted at the beginning of the next fiscal year to cover the balance. If the requisition is to be paid in installments, send an approved invoice with the PO number to Accounts Payable each time a payment is due. This will trigger them to make the payment.
Reference the contract name and number in Total Contract Manager and send the invoice paperwork to Accounts Payable -- Remember, Accounts Payable does not make payment unless they have an invoice from you. Even though they have access to the contract, they will not make payment unless they get an invoice from you to trigger the actual payment.