Guidelines for the Disbursement of Funds

IntraSystem (System Members) Agreements/Contracts

Exempt purchases according to section 5.7 of Standard Administrative Procedure 25.07.03.M2.01: Purchasing Procedures

A formal contract is required when the amount is $50,000 or greater.

  • Routing and approval through Contract Administration required.
  • Delegation of Authority also applies to a formal IntraSystem Agreement.
  • IntraSystem Agreement

If the amount is less than $50,000, an informal agreement is sufficient. Examples include letters of agreement, memoranda, and emails.