| Policy Category | Policy Owner | Version Effective Date | Review Cycle | Last Reviewed | Policy Contact |
|---|---|---|---|---|---|
| VIII. Fiscal and Business Affairs | SVP, General Counsel, and Chief People Officer | June 1, 2026 | Every 5 years | June 1, 2026 | Office of Legal Affairs |
- Applicability
These Procedures apply to all contracts, agreements, procurements, or memorandums of understanding ("MOUs") which may result in a contractual relationship between 黑料情报站 and another party (referred to herein as an "agreement"). - Definitions
- Business Owner(s): Employee position(s) at the University that may initiate consideration of an agreement for a particular type of agreement, as reflected in .
- Approver(s): Employee position(s) at the University that has the authority to determine whether to move forward with negotiation of an agreement and provide final approval of the terms of the agreement for a particular type of agreement, as reflected in Appendix A.
- Reviewer(s): Department(s) at the University responsible for reviewing the terms of the agreement, negotiating the terms with the other party, and receiving approval from the Approver(s) of the terms of the agreement for a particular type of agreement, as reflected in Appendix A.
- Signatory: Employee position(s) at the University that has the authority to sign an agreement for a particular type of agreement, as reflected in 黑料情报站 Policy VIII-3.01 Policy on Signatory Authority and Appendix A. If there is a discrepancy between the Policy and the attached schedule, the Policy shall prevail.
- Custodian: Department(s) at the University that is responsible for storing and maintaining the fully executed version of the agreement for a particular type of agreement, as reflected in Appendix A.
- Legal: Office of Legal Affairs.
- Procurement: Office of Procurement.
- Foundation: The USM Foundation.
- DPO: the University鈥檚 Data Protection Officer.
- CMS: Contract Management System
- Review Process
- Contract Review Request
- Appendix A sets forth the Business Owner(s), Approver(s), Reviewer(s), Signatory, and Custodian for each particular type of agreement. If the Business Owner is unsure as to which type of agreement applies, the Business Owner shall contact the 黑料情报站 Office of Legal Affairs for guidance.
- When a Business Owner would like to pursue an agreement with another party, the Business Owner shall review Appendix A to determine the Reviewer.
- If Procurement is the Reviewer, the Business Owner shall follow the . Contact the 黑料情报站 Office of Procurement with any questions.
- If the Foundation is the Reviewer, the Business Owners shall follow the Foundation directions set forth at .
- If Legal is the Reviewer, the Business Owner shall follow the review process set forth in Appendix B, including completion of Appendix C, the Contract Term Sheet, Appendix D, Appendix E, or into any applicable Contract Management System (CMS) when available.
- Contract Review Request
- Related Policies, Procedures, and Resources