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Part 4 Subpart 4-1 Contracting Policy

Sec. 4-110. Legal Review and/or Risk Management Review.

The contracting officer may submit all contracts for legal review and/or risk management. However, the University General Counsel's office or Board Counsel must review the following contracts prior to execution;

1. all contracts involving an amount greater than $100,000, and
2. any federal, state or private grants involving an amount greater than or equal to $250,000 and
3. all contracts with a foreign entity.
   
   

Where the University General Counsel's office or Board Counsel has reviewed and approved a contract, as to form, the reviewing attorney shall indicate thereon "approved as to form" and sign or initial such approval.

Cross Reference:

Sec. 4-111. Definition of "foreign entity".