Consultant contracts in excess of five thousand dollars ($5,000.00), require Chancellor’s Office and/or Board of Governors approval. Such contracts are also subject to special processing.
Contracts less than five thousand dollars ($5,000.00) follow the same review and approval procedure as standard contracts such as bluebacks and SPCs.
University Legal Counsel will review the contract and forward it, when necessary, to the Vice Chancellor for Finance and Administration. The Vice Chancellor has approval authority for contracts between five thousand and seventy five thousand dollars ($5,000.00 and $75,000.00), but must seek approval from the Board of Governors for consultation contracts in excess of seventy five thousand dollars ($75,000.00).
If the Vice Chancellor or the Board of Governors rejects the contract, it will be returned to the university by the Vice Chancellor’s office, with notice to the Chief Legal Counsel.