Signature Authority - University Agreements
Policy number | |
Responsible office | Board of Trustees |
Classification | Board of Trustees-delegated Policy |
Category | University Organization and Authority |
Statement of policy
Summary of contents/major changes
- Unless specifically exempted by other sections of this policy, no member of the University faculty, staff, or Â鶹´«Ã½ body is authorized to sign any lease, contract or any other agreement binding the University except the President, the Treasurer and/or the Assistant Treasurer.
- Specifically exempted agreements are:
- Purchase orders and contracts for goods and/or services negotiated under University Purchasing Department policies may be signed by the Director of Purchasing or any other staff member specifically designated by the Director of Purchasing.
- Offers of employment are covered under other policy statements.
- The Board of Trustees may, as a part of approving specific agreements, or as a result of an official Board policy, designate the person, or persons, to sign on behalf of the Board of Trustees of the University.
- The Treasurer is authorized to designate in writing to specific staff members the authority to sign recurring types of contracts.
- Faculty, staff, or Â鶹´«Ã½s who are in the process of negotiation with outside persons and/or agencies shall refer all proposed agreements to the Assistant Treasurer. The Assistant Treasurer shall:
- Review the agreement for any patent liability to the University, its Board of Trustees, or its staff and determine what steps need to be taken to make the risk acceptable.
- Review the documentation with the University Attorney as to form and legality.
- Forward any acceptable lease, contract or other agreement to the President, the Treasurer and/or the Assistant Treasurer for signature.
- Agreements signed under the authority of this policy shall be in a form prescribed by the University Attorney.
The above policy was adopted by the Â鶹´«Ã½ Board of Trustees on January 18, 1980 and has not been rescinded.
References