Signature Policy
Signature Authority Delegation
| Subject area | Delegated position(s) | Threshold |
|---|---|---|
| Contracts for purchase of goods and/or services, non-capital construction and design, professional services, software licenses, and technology services* | Vice President for Finance; Director of Procurement | Vice President for Finance: $6,000,000; Director of Procurement: $1,000,000 |
| Debt issuances* | Vice President for Finance | $3,000,000 |
| Investment agreements | Vice President for Finance | $3,000,000 |
| Tuition and fee payment contracts | University Bursar | No limit |
| Conveyance or acquisition of real property and/or real estate easements or deeds* | Vice President for Finance | $3,000,000 |
| Real estate lease agreements, license, service, operating, use and access agreements* | Vice President for Finance | $3,000,000 |
| Capital outlay contracts* | Vice President for Facilities; Vice President for Finance | Vice President for Facilities: $10,000,000 (sole); $10,000,000-$26,000,000 (joint). Vice President for Finance: $10,000,000-$26,000,000 (joint) |
| Public-private Education and Infrastructure Act (PPEA) interim and/or comprehensive agreements* | Executive Vice President and Chief Operating Officer | No limit |
| Non-financial agreements related to construction and renovation projects, other than capital outlay and procurement activities | Vice President for Facilities | No limit |
| University retirement programs | Executive Vice President and Chief Operating Officer | No limit |
| All tax shelter transactions, including annuity enrollments, rollovers, transfers, withdrawals, and terminations | Vice President for Human Resources | No limit |
| Legal agreements and services (e.g., outside counsel, expert witnesses, consultants) | University Legal Counsel | No limit |
| Trademark agreements (as defined in Section 4.0) | Vice President for Communications and Marketing | No limit |
| Travel and lodging contracts pertaining to intercollegiate sporting events | Executive Associate Director of Athletics and Chief Financial Officer | $200,000 |
| Academic Agreements | Executive Vice President and Provost | No limit |
| Confidentiality, non-disclosure, and/or material transfer agreements; contract and grant documents; and other contractual agreements related to sponsored programs (e.g., consulting and subcontract teaming, data use, licensing, software evaluation). | Executive Vice President and Provost; Senior Vice President and Chief Research and Innovation Officer; Assistant Vice President for Research and Innovation and Director of Sponsored Programs | No limit |
| Virginia Tech Intellectual Property (VTIP) assignments of intellectual property | Senior Vice President and Chief Research and Innovation Officer | No limit |
| Contracts for extension services rendered to external parties | Director of Cooperative Extension | $50,000 |
| Contracts for Outreach and International Affairs programs (e.g., Continuing Education courses, Economic Development contracts) | Vice President for Outreach and International Affairs | $300,000 |
| Special arrangement contracts related to in-state tuition | Executive Vice President and Provost; Associate Vice Provost and University Registrar | No limit |
Note: Items marked with an asterisk (*) are identified in Section 2.1.