Blanket Contract
A contract that sets terms for repeated purchases up to an amount, so release POs can be created against it without a fresh process each time.
Where in Maximo
Purchase Contracts app (Type: Blanket); Release POs
At Riverbend A $50,000 blanket contract covers ongoing chemical deliveries, with a release PO each month.
Related Terms
Verify in IBM Docs: IBM Docs > Maximo Manage > Purchasing / Contracts