PPT-Personal Service Contracts Memorandums of Agreement Process

Amy Monroe Procurement Teri Mason Budgets Thelma Hawkins Grants Management Karen Wirth Budgets and Financial Management Personal Service Contract PSC Personal service contract means an agreement whereby an individual firm partnership or corporation is to perform certain services requiring professional skill or professional judgment for a specified period of time at a price agreed upon It includes all price contracts for personal services between a governmental body or political subdivision of the Commonwealth and any other entity in any amount . . Sept 06. . Aeronautical Systems Center. Dominant Air Power: Design For Tomorrow…Deliver Today. 2. Outline. Background. Supplies vs. Services . Principal Purpose. ACRONYMS – services lingo. Contract Process Review. for Program Staff. Steve Turner & Maryann Harakall. Meeting Objectives . Ensure that all DHHS contracts contain . measurable outcomes. , meet . clear performance targets. . HMGT 401 on-line Fall 2014. J. udy Streeter. UMES - HRM. Module Four. Business Contracts. Chapter Four. What you need to know…. Explain the two basic types of valid business contracts.. Describe four essential components that must be present to create a valid contract.. Information for Grant Support Staff (GSS) to aid in the set up and management of an award. Susan C. Puryear. Director of Sponsored Programs and Research. May 2014. What is a Contract?. A contract is an agreement creating obligations enforceable by law. The basic elements of a contract include:. Chapter 10. Meiners, . Ringleb & Edwards. The Legal Environment of Business, 12. th. Edition. Contract Law. Provides a mechanism to deal with others. Law of contracts . has. . evolved in commerce over the centuries. Personal and Business Law. Mr. Ulmer Rm. 112. Definition. Contract. – is any agreement enforceable at law. Elements of a Contract. Offer. Acceptance. Genuine Agreement. Consideration. Capacity. Legality. © . 2013 . Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.. Katherine M. Dollar, PhD and . Margaret Dundon, PhD . Center for Integrated Healthcare. Objectives. Provide an overview of the function, purpose, and structure of service agreements. Provide recommendations for service agreement development. Nightmare or Opportunity?. Joel Wakefield . –. The Nelson Law Group. Joel@nelsonlawsolutions.com. Twitter: @. JoelGWakefield. AACHC . Annual Meeting. February 7, 2018. You may have had contact with the law . . .. Contract Law. Contract law can be one of the most difficult areas of law to grasp. In this chapter, you will study issues of capacity, legality, and consideration – all necessary elements to a binding contract. . in Traditional and E-Contracts. 1. Learning Objectives. What elements are necessary for an effective offer? What are some examples of nonoffers?. In what circumstances will an offer be irrevocable? . Services Contracts – “A Refresher” Sept 06 Aeronautical Systems Center Dominant Air Power: Design For Tomorrow…Deliver Today 2 Outline Background Supplies vs. Services Principal Purpose The definition of . Contract. is given under S.2 (h) of the Indian Contract Act, 1872 which provides ‘a contract is an agreement enforceable by law’. . Whereas an . agreement . has been defined under S. 2 (e) as follows: ‘every promise and every set of promises, forming consideration for each other. When a proposal is accepted it becomes a promise. Thus an agreement is an accepted proposal. Therefore, in order to form an agreement there must be a proposal or an offer by one party and its acceptance by other party.. Government Contract Review Committee. Personal Service Contracts & Memoranda of Agreement: . Committee Jurisdiction, Process, and Approval. I. Jurisdiction: The Role of the Committee. Government Contract Review Committee (GCRC) is a statutory committee created by KRS 45A.705. It is required to meet monthly and review Personal Service Contracts and Memorandum of Agreement submitted to the LRC. This review must occur within 45 days of the receipt..