Contracts and Leases
Business Services reviews and coordinates the approval of contracts for services to the University in the following circumstances:
- The services will not be paid for from grant funds. (Grant-funded contracts should be reviewed and approved by the Office of Sponsored Program Administration.)
- The services will cost more than $500.
- The agreement includes intellectual property rights (regardless of the dollar amount).
- Certain other agreements that contain legal terms and conditions such as student clinical experience agreements, use of facilities/resources agreements, cooperative program agreements with other educational institutions, etc.
Business Services also reviews and coordinates approval of all University agreements involving real estate including leases, purchases, sales, easements and rights-of-way.