Group contracts are Master Service Agreement contracts established between the customer and the supplier. Once defined, these are referenced by the lower-level contracts that exist in ConSol
Users with the Technical Contract Manager Role will be able to create Group Contracts at both Master and Entity levels
In this Guide:
Contracts are structured hierarchically.
- Master Contracts head the hierarchy. To engage with a supplier, a Master Contract (Master Service Agreement) must be established.*
- Legal Entity level Contracts are a subset of Master Contracts. These contracts are separated by the invoiced entities in the Customer's company.*
- ConSol contracts are contracts created to manage different schedules of work (SoW) within ConSol. To issue work to a supplier, at least one SoW contract must be created.
- Only one active Master contract can exist for each vendor
- If the Customer has multiple invoiced entities, at least 1 Legal Entity Contract must be created between the Customer and the Vendor
- If a Master contract expires or is deactivated, the entity-level contracts linked to the Master will also be expired/deactivated, and the ConSol contract linked to the Master will be suspended.
How to Create a Group Contract
Select Components from the ConSol menu.
From the drop-down, select Group Contract. The List Group Contracts screen appears.
Click Create Group Contract
Fill in the Group Contract information:
- Group Contract Type (If only one invoiced entity exists within the customer company, Entity contracts will not be an option)
- Contract ID
- Contract Description
- Parent Contract ID (Field will only be editable for Entity level contracts)
- Contract Start Date
- Contract Expiry Date
- Expected Contract Spend (ConSol contract spend must be less than or equal to the Master Contract's Expected Spend)
- Vendor Id
- Supplier Name
- Supplier ABN
- Company Code (Field will only be editable for Entity level contracts)