Contract Review and Delegation of Authority
The President has delegated contracting authority for the University solely to staff in Contracts & Procurement. Only staff in Contracts & Procurement may sign a contract on behalf of the University. Any individual who signs a contract obligating the University without prior written authorization from Contracts & Procurement may be personally liable for that obligation. The University may choose not to honor contracts entered into by individuals unauthorized to act on behalf of the University.
The Office of University Risk Management reviews contracts and agreements as requested by Contracts & Procurement to assess identify and assess risks, evaluate insurance standards, and review hold harmless and indemnification provisions. The Chancellor's Office requires that the University obtain in most instances not only a Certificate of Insurance, but also an Endorsement. Collecting these documents is often the most time consuming of the contracting process