Intrasystem Cooperation Contract

 

Contract Number___________________

THIS CONTRACT AND AGREEMENT is entered into by and between the components of The Texas A&M University System shown below as Contracting Parties.

I. CONTRACTING PARTIES:

Receiving Component:______________________________________________

Performing Component:______________________________VID #___________

II. STATEMENT OF SERVICES TO BE PERFORMED: (See Instructions.)

 

III. BASES FOR CALCULATING REIMBURSABLE COSTS: (See Instructions.)

 

IV. CONTRACT AMOUNT:

The total amount of this Contract shall not exceed:
_________________________________________________
(Words and figures)

V. PAYMENT FOR SERVICES: (See Instructions.)

Receiving Component shall pay for services received from appropriation items or accounts of the Receiving Component from which like expenditures would normally be paid, based upon special vouchers drawn by the Receiving Component, or through electronic transactions, payable to Performing Component.

Payments for service performed shall be billed:
________________________________________________
(weekly, monthly, lump sum, etc.)

Payments received by the Performing Component shall be credited to its current appropriation items(s) or account(s) from which the expenditures of that character were originally made.

VI. TERM OF CONTRACT:

This Contract is to begin (date)_____________and shall terminate(date)______________.
(Term of Contract cannot transcend the biennium.)

THE UNDERSIGNED CONTRACTING PARTIES do hereby certify that: (1) the services specified above are necessary and authorized for activities that are properly within the statutory functions and programs of the affected components of The Texas A&M University System, and (2) the services, materials, or equipment contracted for are not required by Section 21 of Article XVI of the Constitution of Texas to be supplied under contract given to the lowest responsible bidder.

RECEIVING COMPONENT further certifies that it has the authority to contract for the above services by authority granted in: _______________________________________________
(specify Statute, Constitution, Special Provision of Appropriation Bill)

PERFORMING COMPONENT further certifies that it has authority to perform the services contracted for by authority granted in:___________________________________________
(specify Statute, Constitution, Special Provision of Appropriation Bill)

The undersigned parties bind themselves to the faithful performance of this Contract.