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#1: Detailed Description of Goods or Services The vendor agreement should define the products or services the vendor agrees to deliver ? along with (to start) payment schedules/types, project timelines, necessary materials, and distribution specifics.
However, an attorney will know more and create a vendor contract that can be enforceable by law in case of a legal dispute. An enforceable contract needs to be agreed upon by both parties. The company must make an offer to the vendor, and the vendor must accept the agreement.
VENDORS REGISTRATION / SELF SERVICE If you are not registered but would like to do business with the State, visit State of Mississippi Supplier Self Registration and complete the registration process.
Vendors must register in Magic. See more information on Magic, or go directly to the Magic Supplier Self-Registration page. The State of Mississippi has chosen Paymode-X®to replace the current method of paper check and remittance delivery as our preferred method of supplier payment.
Another common meaning for a vendor license is the process through which a business must register with a government agency to become an approved provider of services or goods. This registration allows them to enter contracts with the agency.