Contract
Authority
UNIVERSITY POLICY STATEMENT:
The authority to contract on behalf of Eastern
Michigan University is vested in the collective
power of the Board of Regents. To facilitate
the day-to-day administration and operation of the
University, the Board of Regents hereby delegates
contracting authority to the President. The
Board and President, in specific instances, may
delegate additional officers contracting authority. The
Board of Regents, a body corporate, having ultimate
authority and responsibility for the University,
reserves to itself the right to take final action
on all contracts not delegated specifically to the
President. Further, no contract shall be entered
into which calls for the expenditure of funds unless
these funds have been previously budgeted.
The Board of Regents shall first approve and authorize
contracting authority for all transactions involving
real property, capital outlay and labor contracts.
UNIVERSITY PRACTICE:
University practices for implementing this policy
include:
- The development and enforcement
of guidelines and procedures for contract
authorization.
- The development and dissemination
of an executive order delineating
contract authority and appropriate
sub-delegations which is revocable
by the President at any time and without
prior notice.
RESPONSIBILITY FOR IMPLEMENTATION:
The President shall establish written administrative
guidelines for the delegation and implementation
of the authority and power granted herein. All
delegation of contracting authority must be documented
in writing, and a copy maintained in the office
of the Secretary to the Board of Regents.
It is the responsibility of the authorized signatory
to obtain appropriate legal counsel prior to execution
of the contract.
SCOPE OF POLICY COVERAGE:
This policy applies to all University contracts
including, but not limited to, transactions involving
the lease, purchase, sale or other disposition of
real property, all land contracts, deeds conveying
University property and all discharges of mortgages
and cancellations of land contracts; all contracts
calling for consultation/planning services on/or
for the construction of new facilities; labor contracts
with collective bargaining units; contracts in connection
with sponsored programs, investments, services of
independent contractors, consultants, speakers and
performers; and all other routine contracts associated
with the purchasing activities of the University.
| Authority
for Creation or Revision: |
| Minutes
of the Board of Regents,
February 8, 1990; para. .4153M |
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