Contract Review
It is imperative that employees intending to enter into a contract with outside parties adhere to established procedures to protect Adelphi and themselves against this risk exposure.
Policy Statement
The President has final approval on all contracts, including offers of employment, entered into on behalf of the University. In no instance are employees of the University authorized to enter into any contractual agreement committing the University to the purchase of goods or services. Unauthorized contracts will not be honored by the University.
Reason for Policy
Entering into a contract exposes Adelphi University resources and University employees themselves to certain statutory and legal risks because all contracts create legally binding obligations. It is imperative that employees intending to enter into a contract with outside parties adhere to established procedures in order to protect Adelphi University and themselves against this risk exposure.
Who Is Governed by this Policy
Faculty and Staff
Policy
Refer to the “Contract or Agreement Approval and Insurance” of the Financial and Administrative Reference Guide (FARG).
Definitions
This policy does not have definitions associated with it at this time. Upon periodic policy review this area will be evaluated to determine if additional information is needed to supplement the policy.
Forms
Financial and Administrative Reference Guide Forms:
Related Information
This policy does not have related information at this time. Upon periodic policy review this area will be evaluated to determine if additional information is needed to supplement the policy.
Document History
- Last Reviewed Date: March 31, 2023
- Last Revised Date:March 31, 2023
- Policy Origination Date: Not known
Who Approved This Policy
Michael Rhattigan, Chief Financial Officer
Policy Owner
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Contact
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Levermore Hall 201
Secondary Contacts
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Contact
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516.877.3239
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Levermore Hall 301F