Risk Management

Policies and Procedures

Contracts

All leases, contracts, and agreements for facilities, goods or services that meet the following:

  1. have a monetary obligation in excess of $15,000
  2. are for a term of more than one (1) year, or
  3. contain provisions relating to liability, default, indemnification or insurance

Must be approved by NSU’s counsel and signed by the President or the Executive Vice President/Chief Operating Officer.

With respect to the Health Professions Division, affiliation agreements for placement of its students must be approved by the Chancellor of the Health Professions Division and signed by the Chancellor or Vice Chancellor.

Insurance requirements are handled by the Risk Management Office.