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Contract Signing Authority Delegation of Signature Authority by the Board of Trustees The Board of Trustees of Barnard College has authorized.

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Presentation on theme: "Contract Signing Authority Delegation of Signature Authority by the Board of Trustees The Board of Trustees of Barnard College has authorized."— Presentation transcript:

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9 Contract Signing Authority Delegation of Signature Authority by the Board of Trustees The Board of Trustees of Barnard College has authorized the President, other Officers of the College and those other individuals on campus listed below, to execute contracts, financial documents, and other official documents necessary for the conduct of the College's business. No person is authorized to execute such documents on behalf of the College unless authority to do so has been delegated in writing by the Board of Trustees, the President or the Chief Operating Officer authorized to make such delegations. Failure to observe this requirement may result in personal liability on the contract or individual responsibility for the representations made.

10 Amount Contracts, Purchase Orders, Consultants Real Property Lease Less Than 15 Years Real Property Leases More Than 15 Years Gift Instruments, Estate and Trust Documents, Planned Giving Agreements Up to $50,000 Any Officer of the College*, or the Budget Director or the Director of Purchasing or the Director of Facilities President or Chief Operating Officer Board of Trustees Any Officer of the College Over $50,000 to $1,000,000 Assistant Vice President for Finance - Controller President or Chief Operating Officer Board of Trustees Assistant Vice President for Finance - Controller Over $1,000,000 President or Chief Operating Officer Board of Trustees President or Chief Operating Officer *An Officer of the College is defined as an individual employed at the College at the rank of Vice President or above; and/or members of the President's Council. Any Officer of the College may delegate this signing authority to a Department Head.

11 Purchasing Resources Please go to http://barnard.edu/node/1521 for help with the following standard agreements:http://barnard.edu/node/1521 Purchase Orders Consultant Agreements Speaker Agreements Performer Agreements Contractor Agreements


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