Contracting authority for Eckerd College is limited to the Board of Trustees, the President, and specified individuals or offices (Vice President for Academic Affairs, Chief Financial Officer, Dean of Student Affairs and Dean of Special Programs). The majority of departments or College offices do not have contracting authority. The Chief Financial Officer reviews all contracts submitted for signature for the purpose of identifying risks and administering insurance requirements.
- Review: Insurance Requirements, "Hold Harmless" and Indemnification Language
Any contract that requires the College to agree to an indemnification or "hold harmless" clause must be reviewed by the Risk Manager or the Chief Financial Officer prior to executing the contract.
Contracts commonly include insurance requirements to cover liability and property loss exposures of the parties. A Certificate of Insurance can be provided by the Risk Manager.