How Much Time Should I Allot for the Contracting Process?
The Contracting Process typically takes 52 business days from the date business terms have been finalized or 42 business days from the date final business term exhibits are provided to the Contract Specialist.
Contracts that do not require the Hartford Office of the Attorney General’s approval can typically be finalized within 42 business days. Contracts that require neither the Hartford nor the Storrs Office of the Attorney General’s approval can typically be finalized within 32 business days.
To help the UConn community plan their contracting endeavors, below is a work-back schedule demonstrating the contracting process timeline:
Final Business Terms Provided to Contracting | Final Business Term Exhibits Provided to Contracting | Vendor Execution | University Execution | Storrs AG Approval | Hartford AG Approval | Fully Executed Contract |
52 business days before “X” Date | 42 business days before “X” Date | 35 business days before “X” Date | 25 business days before “X” Date | 20 business days before “X” Date | 10 business days before “X” Date | “X” Date |