Contract Authorization Policy

Contracts or agreements that bind the College to a financial obligation in excess of $250,000 in any one year must be approved by the Board of Regents whenever possible prior to execution, with the exception of contracts or agreements related to any capital project. Contracts or agreements related to capital projects in excess of $500,000 will require board approval

LINE OF AUTHORITY
Responsible Office: President’s Office
Contact person in that office: Executive Assistant to the President
EFFECTIVE DATE June 20, 2025
Presidential approval: June 20, 2025