Contract Signature Authority: Difference between revisions

Contract Signature Authority (view source)

Revision as of 13:53, November 20, 2014

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 | 4.g.
 | Contracts providing for the sale of a single item of personal property owned by the University.
-| Reasonable estimated market value over $250,000 requires Board of Regents approval.  Over $100,000 is only reported to the Board of Regents.
+| Reasonable estimated market value over $250,000 requires Board of Regents approval. Over $100,000 is only reported to the Board of Regents.
 | Jeffrey Elliot, Deborah Thomas, or Donald Leuenberger
 |-
@@ Line 122: / Line 122: @@
 | 4.r.
 | Contracts granting to the University a lease of or license to use or occupy real property.
-Lease exceeds 10 years and the contract amount is over $250,000.
+| Lease exceeds 10 years and the contract amount is over $250,000. Each contract for a term in excess of one year is reported to the Board of Regents.
-| Each contract for a term in excess of one year is reported to the Board of Regents.
 | Donald Leuenberger and Jeffrey P. Gold
-For House Rentals - Keith Swarts or Deborah Thomas.
+'''For House Rentals''' - Keith Swarts or Deborah Thomas.
 |-
 | 4.s.
 | Contracts granting to an external party a lease of or license to use University real property for a use that is not a University-related use.
-| Not awarded in public bid and exceeds 10 years and exceeds $500,000 for the full term of the lease.  Each contract for a term in excess of one year and $250,000 is reported to the Board of Regents.
+| Not awarded in public bid and exceeds 10 years and exceeds $500,000 for the full term of the lease.
+Each contract for a term in excess of one year and $250,000 is reported to the Board of Regents.
 | Donald Leuenberger and Jeffrey P. Gold
 |-