Office of General Counsel
Tara Evans, Interim General Counsel
Old Main 204
1000 E. University Ave.
Laramie, WY 82071
A contract is an agreement (oral or written) between two or more parties where there is a mutual exchange of promises or other consideration upon defined terms and/or conditions. Although contracts for the University of Wyoming are primarily written documents, there can be enforceable oral contracts. Written contracts may take many forms including:
Effective July 1, 2014, the University raised the threshold for contracts for services and for use of a purchase order (PO).
If a purchase involves both a good and a service (for example, you purchase a piece of equipment and the company provides training to University employees on how to use the equipment), then the purchase should be treated as a service.