Contract Thresholds
When is a contract required?
Any agreement or quote provided by an outside party requiring a signature and/or terms and conditions must be routed through University Contracts regardless of the dollar value.
Additionally, a contract is required for the following agreement types that meet the corresponding criteria:
Agreement Type |
Threshold Amount |
|---|---|
| Advertising/Advertisements | Regardless of the amount, a contract is required. This requirement does not apply to departments that report to the Office of Digital Strategy and Marketing. |
| Lease | A contract is required for the lease of space or use of property for more than one year. |
| Professional and Non-Professional Services | A contract is required for professional or non-professional services that are equal to or in excess of $10,000 annually.
Exceptions: Regardless of the amount, a contract is required for:
|
| Rental | Regardless of the amount, a contract is required for the rental of space or equipment (including tents). A contract is not required for the following items, unless a signature is required:
|
| Travel | When reimbursing a third party for actual travel expenses, a contract is required. |
| Valet Services | Regardless of the amount, a contract is required. |
In addition, all applicable contracts for the purchase of goods and/or services must comply with the State of Alabama Bid Law requirements.
Not sure if a contract is required? Please contact University Contracts at UABContracts@uab.edu or (205) 934-0387 for assistance.