Annual Reminder Regarding Authorization to Execute Contracts and Incur Financial Obligations

Purdue University policies mandate that all contracts and written agreements imposing financial obligations on the university must be approved by the Treasurer or an authorized delegate.

At Purdue University Northwest, this authority has been delegated by the Treasurer to the Vice Chancellor for Finance and Administration and the Associate Vice Chancellor for Finance and Business Services. Only agreements authorized by these officials, or their designees, are binding on the university. Any contractual or financial commitments made without proper approval may result in the unauthorized signer being held personally responsible for the financial obligation.

To ensure compliance, please submit all proposed contracts to the Contract Office (details below). The review and approval process typically takes up to ten business days. However, additional time may be required for agreements exceeding $250,000, those with complex terms, or those involving significant risks.

Please also note that the procurement of goods and services is governed by university policies and state law. For purchase orders over $10,000, procurement inquiries, or assistance with preparing a request for proposal, please contact the Procurement Office (details below).

Thank you for your attention to these important procedures.

Stephen R. Turner
Vice Chancellor of Finance & Administration
Purdue University Northwest