Administrative Regulation Title: Contracts and Agreements Procedures
Regulation Number: 6.1.1
_____________________________________________________________________________________
All contracts and agreements shall be reviewed by the appropriate Vice President, the Vice President of Administrative Services, and the College President. Additionally, the College President may ask the Board of Trustees to review multi-year contracts and agreements under the $30,000 threshold, or those that are significantly outside the scope of Eastern Wyoming College’s educational mission or unusual in the opinion of the President.
The College attorney shall review all non-standard contracts and agreements prior to execution. For all contracts and agreements with a dollar value less than $30,000, the Vice President of Administrative Services shall inform the Board of Trustees of such contracts and agreements at the next regular board meeting.
Amendments to Contracts and Agreements
All amendments to contracts and agreements shall be approved by the College President or the Board of Trustees. If these amendments total $30,000 or more, they shall be approved by the Board of Trustees at the next Board meeting. If these contract amendments are less than $30,000, they may be approved by the Vice President of Administrative Services or the President.
Original Adoption Date: 10/10/17
Revision Date(s):
Date reviewed, no change: