P2P Wins: Contract Termination
When a department was pressured by a supplier to renew an unwanted contract, early involvement from Procurement prevented an unnecessary extension and secured a clean, compliant termination. This ensured Baylor avoided additional spend and gained clarity on contractual rights.
Impact & Value Delivered:
- Over $11,000 in cost savings by issuing a valid termination notice rather than renewing
- Protected Baylor from a forced renewal after the supplier tried to assert incorrect contractual obligations
- Provided contract clarity demonstrating the university’s right to terminate without penalty
Reduced administrative and financial risk associated with unwanted contract continuation
What can P2P do for you? Email procurement_services@baylor.edu.