Rules

Contract Execution Rule

Approved By Date
Executive Leadership Team 06-05-2024
ICORE 06-10-2024
  1. The requester of a non-employment contract, memorandum of understanding, or other agreement that binds the College to action and/or payment will ensure the following people are aware of the terms of the agreement: their immediate supervisor, Associate Vice President (as applicable), and the respective Vice President (VP).
  2. Upon approval in concept, the respective VP will forward the documents to the VP of Student Success or current legal counsel for legal approval to sign or recommendation of any revisions needed.
  3. After legal approval of a clinical affiliation agreement, the VP of Student Success or current legal counsel will forward the agreement to the Vice President of Academic Affairs for signature.
  4. After legal approval of all other agreements, the VP of Student Success will forward the documents to the VP of Administrative Services/CFO who will review for financial and budgetary compliance and determine who will sign the contract: President, Vice President, or Vice President’s designee.
  5. Upon recommendation for signature, the VP of Administrative Services/CFO will forward the contract to the signatory and return a signed copy to the original requester.
  6. The original requestor is responsible for obtaining the signature of the other party/ies to the contract and forwarding the fully-executed original to the VP of Administrative Services/CFO.