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AMENDMENT OF POLICY ON SIGNATORY AUTHORITY FOR CONTRACTS AND OTHER DOCUMENTS RELATING TO ACQUISITION OF SERVICES
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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AMENDMENT OF POLICY ON SIGNATORY AUTHORITY FOR CONTRACTS AND OTHER DOCUMENTS RELATING TO ACQUISITION OF SERVICES

  • The following resolution was adopted:
  • WHEREAS, the Board of Visitors has by previous resolutions, granted authority to certain University of Virginia employees to execute various documents on behalf of The Rector and Visitors of the University of Virginia; and
  • WHEREAS, the Board has decided to amend that authorization to increase the dollar limit relating to contracts for services;
  • NOW THEREFORE BE IT RESOLVED that subparagraph 1(g) of the existing policy on signatory authority be amended to read as follows:
  • (g) Contracts and any other documents by which the University acquires, or contracts to acquire, services for an amount exceeding $500,000.