Contract and Spend Authority Administrative Procedures

The University Legal Department, Financial Services, and senior leadership throughout campus have been collaborating over the past year to develop a Contract Authority Administrative Procedure and a Spend Authority Administrative Procedure. These procedures are designed to assist the campus community in understanding who has the authority to enter into legally binding contracts on behalf of Wake Forest and who has the authority to approve expenditures out of University accounts. These procedures, which are effective March 1, 2019, are located on the Policies and Procedures page of the Financial Services website in the sections “Contract Management” and “Invoices & Reimbursements.”

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