Signature Authority
Signature Authority
Signature Authority
Below are the positions that have been authorized to sign on behalf of the University. Please refer to the resolution for more details.
|
Authority
|
Contracts/Transactions |
Scope/Limit (all subject to Legal Review) |
| President | The President can sign all contracts in the absence of delegated signors. | Subject to limits imposed by Board of Trustees |
| Senior Vice President for Finance & CFO | The Senior Vice President for Finance can sign all contracts in the absence of delegated signors. In addition, the SVP for Finance can sign all university contracts that are in excess of $100,000 university/student funds (e.g. leases, debt financing, settlements, real property). | Subject to limits imposed by Board of Trustees |
| Vice President for Budget and Financial Planning OR Associate Vice President for Finance/Controller | Vice President for Budget and Financial Planning OR Associate Vice President for Finance/Controller can sign all contracts in the absence of delegated signors. Senior Vice President is preferred except in areas of specified delegation. | Subject to limits imposed by Board of Trustees |
| Provost & Senior Vice President of Academic Affairs | Contracts pertaining to Academic Programs, Academic Affiliations, partnerships and joint degree programs with no monetary commitment. | No monetary commitment on behalf of the University. |
| Vice President for Research with co-signature of Senior Vice President for Finance OR Vice President for Budget and Financial Planning OR Associate Vice President for Finance/Controller |
Grants and contracts with federal, state, corporations and foundations. | AVP as cosigner - Up to aggregate grant amount of $2,000,000. SVP Finance as cosigner - Above $2,000,000 or requiring University match over $100,000. |
| Vice President for Research with co-signature of Senior Vice President for Finance OR Vice President for Budget and Financial Planning OR Associate Vice President for Finance/Controller |
All sponsored research agreements (federal, state, corporate and foundations). |
AVP as cosigner - Up to aggregate grant amount of $2,000,000. SVP Finance as cosigner - Above $2,000,000 or requiring University match over $100,000. |
| Vice President for Research | All IP agreements, including MTAs and Research Compliance Agreements, including inter-institutional agreements. | Excluding Equity Share Agreements which must be signed by Senior VP for Finance. |
| Senior Vice President for Finance | All university contracts that are in excess of $250,000 university/student funds (e.g., leases, debt financing, settlements, real property). |
Subject to limits imposed by Board of Trustees. |
| Vice President for Budget and Financial Planning OR Associate Vice President for Finance/Controller |
All university contracts that are less than $250,000 using university funds. |
Subject to limits imposed by Board of Trustees. |
| Vice President for Budget and Financial Planning OR Associate Vice President for Finance/Controller |
All contracts that are less than $250,000 using student funds. |
Subject to limits imposed by Board of Trustees. |
| Senior Director of Contracting and Procurement OR Director of Procurement when necessitated by circumstance. |
All contracts using student-raised funds |
Subject to limits imposed by Board of Trustees. |
| Vice President for Budget and Financial Planning OR Associate Vice President for Finance/Controller |
Purchase Orders that exceed $250,000 |
Subject to limits imposed by Board of Trustees, must be in operating budget. |
| Senior Director of Contracting and Procurement OR Director of Procurement when necessitated |
All university contracts that are less than $5,000 using general funds |
Subject to limits imposed by Board of Trustees, must be in operating budget. |
| VP for Human Resources OR authorized Labor Management Relations Representative |
Local Agreements and individually negotiated matters with represented employees relating to labor management relations. |
Subject to limits imposed by Board of Trustees, excluding financial commitments. |
In the event that neither the Vice President for Budget and Financial Planning nor the Associate Vice President for Finance/Controller are available to sign their designated contracts, they may assign appropriate personnel to sign on their behalf.
In the event the Vice President of Research is not available to sign, the Assistant or Associate Vice President of Research will act as the designee of the Vice President of Research when necessitated by circumstance.