This article is based on advice from Bethan Cullen from the Institute of School Business Leadership (ISBL) and the DfE’s guidance on writing and managing contracts.
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What is a contracts register?
It's an up-to-date record of all your current contracts with suppliers of goods and services. It helps you keep track of your spending and when a contract is due for review or renewal.
It's good practice for both maintained schools and academy trusts
You’re not required to have a contracts register, but it will help you fulfil your requirement to demonstrate value for money when buying goods and services.
Achieving value for money is a requirement of both the Schools Financial Value Standard (SFVS) for maintained schools and the school resource management self-assessment for academy trusts.
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