A contract is a voluntary, deliberate, and legally enforceable (binding) agreement with specific terms between two or more persons or entities in which there is a promise to do something in return for a valuable benefit known as consideration. Consideration, as it is used in defining a contract, does not have to be financial (payment of money).

Whether a document is called an agreement, contract, memorandum of agreement or memorandum of understanding, it is subject to the requirements of this policy.

All Metro Nashville Public Schools contracts must be in writing.