The Executive Director should ensure contract agreements, especially those recurring in nature, are written, signed, dated and maintained for business arrangements. The contracts should fully document the agreed upon terms, price, and payment terms.…

The Executive Director should ensure contract agreements, especially those recurring in nature, are written, signed, dated and maintained for business arrangements. The contracts should fully document the agreed upon terms, price, and payment terms. Contracts should be reviewed periodically to ensure written terms are defined and current.