---
sourceDocument: Yokohama Governance, Risk, and Compliance
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/yokohama/governance-risk-compliance

 Release :

    - yokohama

ft:locale :

    - en-US

ft:publication_title :

    - Yokohama Governance, Risk, and Compliance

ft:clusterId :

    - grc

bundleId :

    - grc

workflow :

    - Technology


---

# Create New Third-party engagement form

# Create New Third-party engagement form {#ariaid-title1}

* Release version: Yokohama
* 
* Updated July 31, 2025
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 2 minutes to read

On the Create New Third-party engagement form, fill in the fields.
{#create-new-tp-engmt-form__table_jfh_cl4_ycc__entry__2}

| Field | Description |
|-|-|
| Name | Unique name for the engagement. Ideally, mention the product or service that is the subject of the engagement. |
| Third party | The third party for whom you are creating this engagement record. |
| Type | Type of product or service to be provided by the engagement organization. |
| Start date | Enter start and end dates to define how long the engagement is valid. |
| End date | Preferred dates for the beginning and end of interactions with the third party. |
| Status | Select the current status of the engagement. Available options are: * Active * Onboarding * Prospect * Active unauthorized * Terminated * Onboarding rejected {#create-new-tp-engmt-form__ul_mk5_1ks_dyb} |
| Risk rating | Displays the risk rating assigned to the engagement after an assessment has been performed. |
| Engagement tier | The tier used for this engagement. See [VRM third-party risk tiering assessments](https://servicenow-prod.fluidtopics.net/sDKK7UwER8TcWCIOuRD7JQ "Organizations use risk tiering to classify their third parties into categories of potential risk posed at the time of onboarding. The standard predefined risk tiers are None, Low, Minor, Moderate, High, and Critical. Each risk tier has associated assessment questions and document requests.") for details of how the tier is determined. |
| Annual spend | The annual monetary spend associated with this engagement's services. |
| Engagement manager | Specify the person who will monitor, prioritize, and act on responses to external questionnaires, issues, and tasks. Click the lock to lock/unlock the field. |
| Business owner | Specify the person who is familiar with the engagement organization and the product or services that will be engaged. Click the lock to lock/unlock the field. |
| Notes | Enter text that describe the engagement to other users. |
| Third-party engagement: Contact ||
| Street, City, State/Province, ZIP/Postal code, Country, Phone, Fax | Standard contact information for the engagement organization. |
| Latitude and Longitude | The Latitude and Longitude values are used to mark the location on the Risk concentration map. See [TPRM Risk concentration map](https://servicenow-prod.fluidtopics.net/tUXHHCGeXb1ATWlfnc3ykQ "The Risk concentration map page pinpoints the geographical locations of active third parties and engagements. You can configure filters to view particular risk ratings and engagement types."). |
| Risk ratings ||
| Computed risk rating | Calculated Computed risk rating. This field is auto-filled. The value is overall risk rating for the third party, calculated after the assessment by rolling up all of the TPR assessors' risk ratings. |
| Override risk rating | Option to override the computed rating. If you select the check box, then specify the following values: * Overridden risk rating: Select the new risk rating. * Overridden on: Date that overridden risk rating or justification is updated. * Justification: Enter the reason for overriding the value. {#create-new-tp-engmt-form__ul_mtv_njx_2yb} |
| Overridden risk rating | Rating that has been manually changed by a user, overriding the rating that was calculated by a system. Available options are: * 1 - Very High * 2 - High * 3 - Moderate * 4 - Low * 5 - Very Low {#create-new-tp-engmt-form__ul_ppx_vtv_ddc} |
| Overridden on | Date that overridden risk rating or justification is updated. |
| Justification | Reason for overriding the value. |
| Assessment risk rating | Risk rating for the assessment. This field is auto-filled. |
| Engagement risk rating | Risk rating for the engagement. This field is auto-filled. |
| Subsidiary risk rating | Risk rating for the subsidiary. This field is auto-filled. |
| Risk intelligence rating | Score that corresponds to the likelihood and consequence of a risk event. This field is auto-filled. |
| Related lists on the form ||
| Engagement contacts | Engagement contacts for the third party engagement. |
| Business services | Business services related to the third party engagement. |
| Tiering assessments | Tiering assessments for the third party engagement. |
| Repeating assessments | Repeating assessments for the third party engagement. |
| Assessments | Assessments for the third party engagement. |
| Third-party risk areas | Risk areas related to the third party engagement. |
| Issues | Issues related to the third party engagement. |
| Tasks | Tasks related to the third party engagement. |
| Entity types | Entity types related to the third party engagement. |
| Digital resilience information | Digital resilience information for the third party engagement. You can add the following parameters: * Name * Third party * Identification code of ICT third-party service provider * Type of code to identify the ICT third-party service provider * Name of the ICT third-party service provider {#create-new-tp-engmt-form__ul_rqt_hzv_ddc} |
[Table 1. Create New Third-party engagement form]

{#create-new-tp-engmt-form__table_jfh_cl4_ycc}