KSU's official system of record for the central storage and lifecycle tracking of all KSU contracts.
A KSU employee responsible for managing the ongoing relationship with a vendor and ensuring all parties meet their contractual obligations.
A KSU employee who has been explicitly delegated the authority to sign contracts and legally bind KSU.
No employee may sign an agreement on behalf of KSU unless they have specific, delegated authority. The Board of Regents delegates authority to the President for determining who may sign contracts on behalf of KSU. The official schedule of signatory authority for KSU contracts is detailed in the Signatory Authority Regulation.
To prevent unwanted auto-renewals or lapses in essential services, a proactive renewal process is required. The Contract Management System (CMS) will provide automated notifications to the designated Contract Manager in advance of a contract's expiration date. Upon receipt, the Contract Manager is responsible for initiating a timely review to determine whether the contract should be renewed, renegotiated, or terminated.
Electronic signatures are legally binding on behalf of KSU.
All fully executed contracts and related documentation shall be retained within the Contract Management System (CMS) in accordance with the official KSU Records Retention Schedule.