Jump to section: Step 1: Selecting a Contract Step 2: Collecting the Necessary Information Step 3: Choosing a Negotiator Step 4: The Contract Review Process Some contracts specify a per-day rate for liquidated damages.Contract management is the practice of managing contract formulation, implementation, and assessment in order to maximize an organization's performance. Let's go over how to fill out the Arizona Association of Realtors residential lease agreement! The foundation of any good business is contract management. Learn everything you'll need to know about the contract lifecycle here. This document is intended for current vendors having an active Qualified Vendor Agreement (QVA) with the State of Arizona. For example, you can add personal clauses, office clauses, or system clauses. Example 1: Non-TPT Licensed MRRA Contractor Materials vendors charge tax on the cost of the materials. Request applicable exemptions.