6.1 Contracts

6.1

Contracts

Last Update Approved: November 6, 2013

Edited/Revised: July 8, 2015

Revised Effective: August 7, 2015

Policy

All contracts should be approved by the President and/or his designee.

Guidelines

Section 3.4.1 of the USG Business Procedures Manual (BPM) provides information relative to the Authority to Execute Contracts. It states “Generally, the authority to sign contracts for the day-to-day operations of an institution has been delegated to the individual institutions.”

This delegation is to the President and/or his designee.   For Middle Georgia State University, the President has designated the Executive Vice President of Finance and Operations as the authorized approval of contracts.