contracts are forms approved by the Board of Regents
or the Office of General Counsel pursuant to UT System Policy UTS145. Using
a standard contract form will expedite UT System review and approval. OGC review
is unnecessary unless substantive changes have been made in the new agreement.
A standard contract form may be executed prior to submitting it to UT System for
review and approval.
standard contract may be used Systemwide or it may be applicable to only one
for standard contract designation include:
use of the form. Unless the form is to be used more than a few times, the standard
contract designation is not necessary
substantive changes. If the form is changed or is likely to be changed in a substantive
way, it is not suitable for "standard contract" designation. Changes
in the names of parties, amount of consideration, date, and term are examples
of "non-substantive changes."
approval of the same or similar forms by OGC and the appropriate Executive Vice
Chancellor of UT System.
to OGC for designation as a standard contract with an electronic copy of the proposed
form, preferably with blanks in those parts of the agreement that would be subject
to change, i.e., names, date, consideration, term.