University of Vermont

Department of Risk Management & Safety

Contractual Liability

Contractual Liability

Contracts usually contain “hold harmless and indemnification” language which may hold one party responsible for the negligence of another. The University should not assume unnecessary liabilities in a contract. For this reason, all significant contracts for services, affiliation agreements or leases of premises should be reviewed by the General Counsel’s Office and the Risk Management Department. The University Campus Planning Office is the central clearinghouse for lease agreements. New leases should be forwarded to that office to assure risk management and legal review. Only officers of the University are authorized to sign contracts and leases of premises. Purchasing is authorized to sign PO agreements and procurement contracts.

Last modified February 06 2009 03:14 PM

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