Signing Authority Form SAF-1 fin - saskarchivescom 2025

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A policy for designating the persons who are authorized to execute and approve contracts on behalf of the company. This policy defines an authorized signatory and establishes procedures for delegating signature and approval authority, including placing limits on the scope of that authority.
Financial Approval/PTA Authority. Financial approval/PTA authority is a formal delegation that allows an individual to spend or approve the commitment of university funds within the scope of their management responsibility, such as a school, department or administrative unit.
The duly designated authority to make an approval decision. When used to describe a person, the person having approval authority, i.e., the approving official.

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Financial Approval (formally called Signing Authority) is a level of authority granted to an individual by the owner of a particular funding source.
Signature authority is a formal delegation that allows an individual to sign or otherwise enter into an agreement that legally binds the university to terms and conditions. This includes written or oral contracts that bind or obligate the university to a financial or a non-financial commitment.
A policy for designating the persons who are authorized to execute and approve contracts on behalf of the company. This policy defines an authorized signatory and establishes procedures for delegating signature and approval authority, including placing limits on the scope of that authority.
Signature authority is a formal delegation that allows an individual to sign or otherwise enter into an agreement that legally binds the university to terms and conditions. This includes written or oral contracts that bind or obligate the university to a financial or a non-financial commitment.
limit of authority means the maximum value of any single contract that may be approved by an approving authority, or entered into by KCMUCo with the prior approval of a higher approving authority as set by KCMUCo in the Appendix 1 of these Regulations.