Regent Policy Documents

SECTION 13: CONTRACTS

13-4 DELEGATION OF RESPONSIBILITIES TO THE VICE PRESIDENT FOR FINANCE

(Formerly 96-5)

Upon the recommendation of the President of the University of Wisconsin System, the following responsibilities have been delegated to the Vice President for Finance:

  1. Land transactions within campus boundaries. This includes purchase, trade, gifts, and the sale of lands that have been declared surplus by the Board of Regents. An annual report is to be provided to the Business and Finance Committee regarding any changes that occurred with the holdings.
  2. Authority to sign contracts and documents for University purposes with a value of under $500,000.
  3. Authority to negotiate and pay all assessable improvements charges levied by municipalities.
  4. Authority to sign easements which benefit the University.
  5. Authority to undertake projects funded by the All-Agency appropriations.
  6. Implementation of Environmental Policy Act.

History: Res. 7308 adopted 10/11/96, amended by Res. 8876 (6/04).

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The Regent Policy Documents were adopted and are maintained pursuant to the policy-making authority vested in the Board of Regents by Wis. Stats. § 36. The Regent Policy Documents manifest significant policies approved by the University of Wisconsin System Board of Regents. This document is a ready reference for those charged with carrying out these policies. Unless noted otherwise, associated documents and reports may be obtained from the Office of the Secretary of the Board of Regents, 1860 Van Hise Hall, 1220 Linden Drive, Madison, WI 53706, ph 608-262-2324. http://www.uwsa.edu/bor/policies/