Contract Signing and Management Policy
Policy number: 124
Date of initial publication: November 30, 2023
Date of latest revision: N/A
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SECTION V. CONTRACT MANAGEMENT
For common types of contracts, St. Thomas relies on designated contract managers who regularly
review, negotiate, and coordinate the implementation of contracts in their areas of responsibility.
For example, the Purchasing Department is the contract manager for most non-technology related
agreements with vendors and ITS is the contract manager for hardware and software agreements.
For contracts that do not have a designated contract manager or that do not regularly recur, staff
and faculty should work with OGC, which will assist contract managers and other employees to
structure, draft, review and negotiate contracts. OGC also helps facilitate approval and execution of
contracts by authorized signatories and maintains templates for certain kinds of recurring contracts.
Contracts between St. Thomas and an outside party must be in writing, reviewed and managed by
the designated contract manager or OGC, and signed by an authorized representative of St. Thomas.
In addition to this policy, the University and individual schools, colleges, and programs may have
other policies or guidelines that govern the processing of certain contracts, including the Purchasing
and Payables policy. To the extent not inconsistent with this policy, Covered Persons are expected to
follow these policies and guidelines when negotiating or processing a contract on behalf of St.
Thomas.
SECTION VI. CAUTION WHEN CONTEMPLATING OR NEGOTIATING CONTRACTS
Covered Persons should use caution when contemplating or negotiating contracts on behalf of St.
Thomas.
• If a Covered Person is negotiating a contract for St. Thomas but does not have signing
authority, they must inform the other party (preferably in writing) that they do not have
such authority and cannot bind St. Thomas to the agreement or any term.
• Covered Persons should be mindful that, in almost all cases, contracts that are initiated,
managed, or negotiated by individual schools, colleges, programs, or employees related to
their work at St. Thomas will bind the University as a whole, and not just the individual
school, college, program, or employee.
• Contracts may be legally binding even if they are not in writing, and even if they are called
something other than "contract” or "agreement." Letters of intent, letters of understanding,
and memoranda of understanding often are written in ways that make them legally binding
contracts. An “offer” may become a legally binding contract if an individual acknowledges or
accepts it orally or in writing, depending on the words used.
Covered Persons should contact OGC if they have questions relating to what constitutes a contract,
their contract scope and authority, or other contract-related legal questions.
SECTION VII. LIST OF CONTRACT MANAGERS AND SIGNERS
OGC maintains a list of designated contract managers and authorized signers, available in part here.