Purchasing & Contracts >> P&C
Table of Contents >> Contract
Administration >> Review
University requires that all agreements for the purchase of
services and some complex agreements for the purchase of goods
be described formally in a written contract. A written contract
establishes a specific formal relationship between the parties,
clearly defines the rights and responsibilities of each party
and provides a written reference of what each party agreed to
in the event a dispute arises at some later date.
bylaws of the University stipulate that the University Treasurer
is the ordinary contracting officer for the University. The
bylaws allow the Treasurer to delegate those duties to one or
more University employees. The Treasurer has delegated the responsibility
for signing contracts to the Vice Presidents of the campuses.
governed by this policy include all those agreements listed
in this section under Attachment 1. Excluded from this policy
are contracts of employment, research, other sponsored programs
agreements, and sub-agreements.