Departmental Approval Process for Business Contracts and Agreements:
In order to facilitate the contract review and signature process, please be sure that the following summary information is provided to the Director of Contract Administration along with the contract.
A summary memo that includes:
- Contract purpose
- Financial obligation
- Explanation of terms that need clarification or may be problematic along with the recommended revision if necessary
- Initials of departmental representative are required next to contract signature
The summary memo and contract should be submitted to the Director of Contract Administration for review prior to forwarding to the Vice Chancellor for Finance and Administration for signature.