1 / 5

Travel Authorization Change

Travel Authorization Change. Type of Travel: International Domestic. Error Message: You must select Domestic or International Travel. Contract Execution Policy. Purpose: - Provide a clear definition of a contract; -Clarify contract signing authority;

pisces
Download Presentation

Travel Authorization Change

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Travel Authorization Change Type of Travel: International Domestic Error Message: You must select Domestic or International Travel

  2. Contract Execution Policy Purpose: -Provide a clear definition of a contract; -Clarify contract signing authority; -Reinforce Purchasing and Travel’s role in negotiating and executing contracts.

  3. Title: Contract Execution Policy (3-11) Approval Date: September 19, 2011 Approved by: President's Council I. Definitions: Contract: Any agreement, written or oral, that creates an obligation, right, or liability for the university. An agreement may be a binding contract even though one party provides something of value to the other party at no charge. This policy applies to an initial contract and all amendments, renewals, or extensions of such contract. Purchase Order: A legal document issued by the university’s Purchasing and Travel Department to a supplier which describes product specifications or scope of work, quantities, and agreed upon prices for products or services the seller will provide. Once accepted, this forms a contract which is generally short term in nature to supply the specified goods and services. It contains standard terms and conditions reviewed and approved by Purchasing and Legal Counsel.

  4. II. Policy The authority to execute contracts is vested in the officers of the university by the Board. The officers may delegate specific authority to others as required to effectively conduct the business of the university. Delegation of such authority shall be done in writing and be included in the appropriate procedures of the department. Purchasing will be included in all contract negotiations unless a specific exception has been approved by an officer of the university. Purchasing is authorized to execute purchase orders according to established purchasing policies and procedures against approved budgets and projects in response to requisitions from authorized account stewards. Purchase orders in excess of $90,000 require the specific approval of an officer of the corporation. Purchasing and Travel employees shall have documented signing limits for purchases at or under $90,000. All contracts negotiated by the Purchasing Department that fall outside of the standard purchase order process in excess of $25,000 require the signature of an officer of the university. http://www.byui.edu/Policies/policy3_11.htm

More Related