All contracts entered into in the name of the Georgia Institute of Technology are subject to the Policies and Procedures of the State Board of Regents. In addition, many of the University's contracts are subject to State purchasing regulations and to the statutory constraints on contracts entered into by State agencies.
contract
any document that creates an obligation, right, or liability for the Georgia Institute of Technology.
General Guidelines
Very few people within the Georgia Tech community are authorized to sign contracts on behalf of the University. The Delegation of Presidential Authority Memorandum lists the authorized signatories for each type of contract. This Memorandum can be found on the website of the Office of Legal Affairs. No member of the Institute, faculty or staff may sign a contract without specific written authorization from the President. State law provides that persons entering into contracts without complying with all applicable State laws and regulations become personally liable for any amounts due under those contracts.
Each Georgia Tech unit requesting a contract shall designate a responsible person to monitor vendor performance and subsequent evaluation of their contract(s). Central Purchasing will provide assistance to units for vendor evaluations when applicable.