Contract Health Drivers & Checklist Completion

Health

When a new contract has been created, at the top of the contract record, there is a dropdown for contract ‘Health’.

The contract health feature consists of a set list of mandatory items that must be completed to ensure a consistent level of detail is provided on contracts, for review or data analysis.

There are two health statuses:

Needs Attention (this means that one or more items in the list have not been completed)

OK (this means that all items have been completed)

One of the mandatory items within the contract health list is "Complete contract checklist items".

Contract Checklists

Contract checklists provide contract owners with a curated list of important items to carry out to confirm contract management is being carried out in a consistent and compliant fashion. Contract checklist items are designated based on the 'Contract type' that was chosen during the contract creation.‍

The contract checklist section is broken into two tabs:

  • Required Activities – must be completed prior to contract execution for compliance, and contribute to 'Contract health'
  • Recommended Activities – These items provide good practice in contract management, but are not necessary to contract execution or may not be applicable to the specific contract

To modify a checklist item, start by clicking the ‘Edit’ pencil icon to the right of the checklist item. When the item is in edit mode the Owner, Completed date and notes can be modified. Once changes have been made, select the tick to save, or the red cross to discard changes.

To complete/disregard a checklist item, start by clicking the ellipses icon to the right of the checklist item. This will present a dropdown of the two statuses you can apply to the item - select either Complete or Mark as not applicable to assign the status. This can be changed to the other status by selecting the ellipses icon again.

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Assigning Classification(s) against a Contract record

Contract Setup Dashboard

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