Procurement
Lynx RFP - Contract Management
Post-award contract lifecycle: milestones, amendments, deliverable acceptance, vendor performance ratings.
lynx_rfp_contracts
· v19.0.1.0.0
· Premium
What this solves
Lynx RFP - Contract Management
Post-award contract lifecycle - milestones, amendments, deliverable acceptance, vendor performance ratings - so the contract that an awarded RFP creates is actually managed, not filed and forgotten.
The award decision is one moment; the contract that follows runs for months or years and is where issuers actually realise value (or fail to). This module turns the awarded PO into an active contract record with milestone tracking, scope-change amendments, deliverable acceptance, and end-of-contract performance ratings that feed vendor prequalification next time around.
Key Features
Contract auto-creation - on awarded-PO confirmation, a contract record links the tender, vendor, and PO.
Milestones - purchase.requisition.contract.milestone rows capture due date, payment amount, and acceptance criteria.
Acceptance flow - vendor delivers; buyer accepts or rejects each milestone with reason codes.
Scope-change amendments - purchase.requisition.contract.amendment records value delta, time delta, and approval workflow for mid-flight changes.
Performance ratings - 1-5 ratings on quality, timeliness, and communication captured at closeout.
Vendor history - ratings feed back into vendor records for future RFP prequalification.
Integrates With
lynx_rfp_award - the awarded PO that triggers contract creation.
Depends on
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