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Section: | 400 |
Section Title: | Administration and Finance |
Policy Number: | 404 |
Policy Name: | Contract Authorizations |
Approval Authority: | Board of Trustees |
Responsible Executive: | Vice President with Oversight of Procurement/Purchasing |
Responsible Unit: | Purchasing |
Date Adopted: | December 14, 1983 |
Date Revised: | December 1, 2007, July 29, 2008, September 2013, January 2014, January 2023* |
Policy
*Nonsubstantive amendments to policy
The authorization to enter into a contract on behalf of Ramapo College is designated by the Board of Trustees. The College President, Provost, Vice President for Fiscal Health, Vice President for Operational and Administrative Integration, Controller, or the Director of Procurement may enter into contracts whose value is below $100,000. Any binding contract regardless of value must be approved by the Vice President for Fiscal Health. A contract in excess of $100,000 requires the signature of the Vice President for Fiscal Health or the Vice President for Operational and Administrative Integration, and the College President.
This policy strengthens financial practices of the College in accordance with internal control standards and State College Contracts Law.
All employees of the College
Approval Authority Levels (Intranet)
Green Purchasing Guidelines (Intranet)
Director of Purchasing
purchase@ramapo.edu
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