Contract handling method and system
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United States of America Patent
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Feb 28, 2006
Grant Date -
N/A
app pub date -
Nov 24, 1999
filing date -
Nov 24, 1999
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
The contract handling method and system of the present invention permits contract owners to handle execution of contracts. Contracts and statements of work (SOW) are created in a document assembler using model agreements, alternate clauses, and supplemental provisions. A tracker tool notifies the owner of a master contract whenever a SOW is issued against the master agreement. Expiration dates are tracked and reminders sent via e-mail to contract and SOW owners as specified. A participation agreement can be entered and issued once a master contract is executed. The master contract owner is prevented from closing a master contract until all applicable SOW's are also closed.
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