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Authorization for Signing
Contracts
A contract is an agreement that obligates
the university in any way. For any contract other than a purchase
order, approval authority has been delegated by the Board of
Trustees as outlined below. Approval of purchase orders is governed
by the University's
Purchasing Policy.The President and Vice President of Finance have
the legal authority to execute all contracts and leases on
behalf of the university. Other authority, by amount and area
of responsibility, have been delegated as follows.
| Amount |
Areas |
Person |
| Up to $500 |
Respective areas of responsibility |
Department Head |
| Up to $5,000 |
Student activities and entertainment |
Vice President and Dean of Student Life |
| Up to $25,000 |
All areas |
Director of Contracts, Compliance and Risk |
| Up to $100,000 |
Facilities Operations |
Chief Facilities Officer |
No other employees at St. Lawrence University
are authorized to sign contracts that commit financial resources
on behalf of St. Lawrence University.
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