Contracts
A w88 casino is an agreement between two or more persons (or entities), which creates an obligation to do or not to do a particular thing. It's essential components are competent parties (persons or entities legally capable of contracting), subject matter (the purpose of the w88 casino), a legal consideration (the inducement to w88 casino, usually money or something of value, but also including mere promises to perform something or refrain from doing something), mutuality of agreement (all parties must voluntarily enter into the w88 casino), and mutuality of obligation (all parties are obligated to do something or no to do something they otherwise have a right to do).
Labels do not control whether a w88 casino exists or not. The following, which are not meant to be all-inclusive, are all contracts if they constitute an agreement between two or more persons that creates an obligation to do or not to do a particular thing:
- w88 casino;
- agreement;
- lease;
- rental agreement;
- letter of intent;
- memorandum of agreement;
- memorandum of understanding;
- employee separation agreement;
- facility use agreement;
- education affiliation agreement;
- purchase order;
- grant;
- grant agreement.
Who is authorized to sign contracts on behalf of the University?
w88 casino System of Higher Education policyrequires that contracts must be entered into in the name of the Board of Regents of w88 casino System of Higher Education, on behalf of the w88 casino, Reno. The Chancellor is the contracting officer vested with authority to sign contracts on behalf of the Board of Regents, with certain exceptions that are reserved for approval of the Board.
In the NSHE Procedures and Guidelines Manual, Chapter 5, Section 3, the Chancellor has delegated signature authority for certain contracts to the presidents of the NSHE institutions or to the presidents’ designee. The President of the w88 casino, Reno has505: President Delegated w88 online casinoto certain university officers in order to facilitate the timely execution of business processes. Individual employees should not sign contracts on behalf of the University unless they have received an express delegation of authority. Any w88 casino signed in violation of applicable policies is void and of no effect.
Requesting OGC review of contracts
- Contracts subject to review
All contracts must be forwarded to University administration for review and signature asspecified by the University Administrative Manual 503. Additionally, the following contractsmustbe reviewed by the Office of General Counsel (OGC) prior to signature:
- All contracts requiring Board of Regents or Chancellor approval or signature, including any amendments;
- All contracts requiring the approval or signature of the University president;
- Template contracts that have been modified or altered from their approved form, including the following agreements:
- athletic contests agreements
- educational affiliation agreements
- internship or clinical placement agreements
- international partnership or exchange agreements
- fee for service agreements
- use of space agreements
- Contracts that include an indemnity or insurance provision that does not comply with NSHE policy;
- Design and construction contracts valued at or above ,000;
- All contracts required to be reviewed by OGC by applicable policy and/or pursuant to a written delegation of authority; and
- All other contracts which, in the judgment of the approving authority, have such a serious political, social, or financial impact on the University or public, that review is appropriate.
Contracts which are not required to be submitted for OGC review may be submitted at the discretion of the submitting party and/or approving authority.
- w88 casino review process
The following outlines the process for submitting contracts to the OGC for legal review. Please follow these steps carefully to ensure a smooth and timely review.
- Before submitting a w88 casino to the OGC for legal review, the submitting department (and end-user, if different) is responsible for:
- Reading the entire w88 casino: Thoroughly review the w88 casino in its entirety to ensure that you understand all terms and provisions, and that it aligns with the department’s goals and objectives. Pay attention to all clauses, including those related to payment, deliverables, timelines, and dispute resolution; and
- Confirming the business terms: Verify the business points, such as pricing, deliverables, or performance metrics, with the appropriate internal stakeholders. These terms are not typically within the scope of OGC's review.
- The OGC’s review of a w88 casino, or our drafting of a w88 casino upon request of a department, isnotan approval of the business terms or an authorization to proceed with the transaction. The purpose of OGC’s review is to ensure that the w88 casino is legally sufficient, including an assessment whether the w88 casino:
- Complies with relevant federal and state laws, as well as NSHE and University policies and procedures;
- Conforms to the University’s expectations and standards;
- Adequately protects the University’s legal interests and rights; and
- Appropriately allocates risks between the parties.
It is theapproving authority’sdecision whether to proceed with the business transaction, including the negotiated price and terms. The OGC’s review does not extend to approving the business arrangement itself, but ensures that the w88 casino is legally sound.
- To submit a w88 casino to the OGC for review, please follow these steps:
- Download and complete the following routing documents
- Send the completed w88 casino (including all attachments and routing sheets) to the OGC at:
OGCcontracts@unr.edu- If you are already working with an OGC attorney on the same w88 casino, please copy that attorney on the email. Please do not send the w88 casino only to the attorney you are already working with.
- If you are submitting a draft of the w88 casino, ensure it is in an editable format, such as a Word document. If you receive a w88 casino from a third-party in a non-editable format (e.g., PDF), please request that the w88 casino be sent to you in an editable format to facilitate a more efficient review.
- Timing of Review: The OGC strives to conduct w88 casino reviews on a timely basis. However, when submitting a w88 casino for review,whenever possible, please allow a reasonable period of timefor review. Review timelines can be affected by various factors, including, whether the w88 casino requires negotiation with the other party, office workload, and whether the w88 casino is submitted during peak times (e.g., at the beginning or end of academic terms).
- If the request isurgent, please clearly notify the OGC when submitting the w88 casino. While we generally review contracts in the order they are received, we will try to accommodate rush requests when there is a justified need. Please note that expedited review may require flexibility in timelines.
- If necessary, you may inquire about the status of a w88 casino being reviewed by emailingOGCcontracts@unr.edu.
- Upon receipt, the w88 casino will be assigned to an attorney for review, who will conduct the legal review and return any comments or suggested revisions. If necessary, this may involve negotiations with the other party to reach an agreement that meets both legal and business requirements.
- Once the w88 casino has been reviewed and approved by each party:
- Prepare final documents: Ensure the final version of the w88 casino, including all exhibits and attachments, is complete and accurate.
- Submit for routing: Send the finalized w88 casino along with all required routing sheets toOGCcontracts@unr.eduand we will route for final approval and signature.
- If the w88 casino is an amendment to an existing w88 casino, the combined routing package must include a copy of the underlying w88 casino.
- Once the w88 casino has been signed by all parties:
- The submitting department is responsible for retaining the w88 casino and any related documents in accordance with theNSHE Records Retention and Disposition Schedule.
- The submitting department must also monitor compliance with the terms of the w88 casino throughout its duration.
Disclaimer
These procedures are intended to provide general information about the w88 casino review process. They do not constitute specific legal advice for any particular situation. Pleasedo not rely on this information as a substitute for legal advice. If you need legal advice or have specific legal questions, please contact the OGC.