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Item 9.I MAY 19, 2022, COLLEGE OF Dupage REGULAR BOARD MEETING BOARD APPROVALSUBJECT Approval of Contract with JMA Construction in the amount $72,800.00 for College of Dupage Exterior Lighting Improvement
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Approval for contract is a formal process that ensures contracts comply with legal, financial, and organizational standards before execution.
Typically, the person or department initiating the contract, such as a project manager or procurement officer, is required to file for contract approval.
To fill out the approval for contract, complete the designated form with details including the contract's purpose, involved parties, financial terms, and any relevant attachments.
The purpose of approval for contract is to ensure that all contracts are reviewed for compliance, to safeguard the organization's interests, and to mitigate risks associated with contractual obligations.
The approval for contract must typically report information such as contract title, parties involved, purpose, duration, financial implications, and any associated risks.
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