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doc13950 Signatory_Authority_Regulation.pdf

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Page 1

17 item(s) JSON
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1 · FIGURE
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6 · TEXT
7 · TEXT
8 · TEXT
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Page 1 JSON
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            "text": "KENTUCKY STATE UNIVERSITY",
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            "text": "Policies and Regulations",
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            "text": "REGULATION TITLE: Signatory Authority",
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            "text": "APPLIES TO:\nAll employees who manage contracts on behalf of KSU"
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            "text": "ADMINISTRATIVE AUTHORITY:\nOffice of the President\nDivision of Finance & Administration"
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            "text": "APPROVED BY:\nKentucky State University Board of Regents"
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            "text": "EFFECTIVE DATE:\nAugust 8, 2025",
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            "text": "NEXT REVIEW DATE:\nAugust 8, 2028"
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            "text": "This regulation implements the Contract Management Policy by defining the specific individuals who are delegated authority to sign contracts and legally bind Kentucky State University (KSU), and the financial thresholds associated with that authority. No employee may sign a contract on behalf of KSU unless they have been explicitly granted authority in this regulation or through a formal written delegation."
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            "text": "The power delegated to a specific position to sign contracts on behalf of KSU."
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Page 2

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1 · HEADING
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4 · TEXT
5 · TEXT
6 · TEXT
7 · HEADING
8 · TEXT
9 · HEADING
10 · LIST
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            "text": "Notwithstanding the authority granted above, any contract requiring expenditures of more than $1,000,000 in a single fiscal year must be approved by the KSU Board of Regents before it may be signed by the President or any other authorized signatory."
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                    "text": "KSU Contract Management Policy"
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                    "text": "745 KAR 1:060"
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                    "text": "Subject\nPolicy Questions",
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                    "text": "Office\nCFO/Vice President of Fin. & Admin.",
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                    "text": "Telephone\n(502) 597-6429",
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                    "text": "E-mail\nMelissa.Hicks@kysu.edu",
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                    "text": "Revision Type\nIssued (New Regulation)",
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                    "text": "Drafter(s)/Editor(s)\nZach Atwell",
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