AM24: Improving Contracts on Campus: Common Pitfalls and Suggested Solutions
Recorded On: 07/23/2024
While colleges and universities enter thousands of contracts each year, many haven’t established a policy or educated staff to guide employees responsible for contracting. The good news is that clear campus contracting policies and procedures can protect colleges and universities from many claims and unexpected liabilities. In this session, learn how to recognize common contracting pitfalls to ensure your institution does not face contractual problems and inadvertently assume responsibility for these preventable losses.
Learning Objectives
- Describe what constitutes a legally enforceable contract
- Recognize common pitfalls that can lead to liability and loss
- Articulate basic strategies to colleagues who also negotiate, review, and sign contracts
- Implement strategies for improving the contracting process
CPE Available: 1.5 Credits in Management Services
Each individual must register and attend separately to earn credit.
NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org
Event Information
- Level: Intermediate
- Prerequisites: Minimum 1-2 years of experience as a professional in higher education or a related private industry.
- Advanced Preparation: None
- Delivery Mode: Group internet based
- Field of Study: Management Services
- Length: 75 minutes
Steps to Earn CPE Credit
You can only earn credit for attending the session live. CPE credit cannot be earned for watching the recordings.
To earn CPE credit, you will complete the following tasks under the Content tab, after the session has ended:
- Pass the CPE codeword quiz. Write down the codewords posted in the Zoom chat at random times throughout the session and complete the quiz at the end of the session.
- Submit the CPE check-out code displayed at the end of the session.
- Download your CPE certificate.
You have until 5 pm Eastern Time on Wednesday, July 24, to complete these three steps or report technology issues with this site to online@nacubo.org.
For more detailed instructions, review the CPE Instructions page.
Eno Oregbesan
Director of Risk Management
Rice University
Eno Oregbesan is the director of risk management at Rice University. She supports the university's mission by providing faculty, staff, and students risk management services while encouraging and supporting practices that mitigate the risk of adverse events. Prior to her role at Rice, Oregbesan worked at a multinational risk management, insurance brokerage, and advisory firm; worked as an assistant director for risk management at a Houston-based public research university; and held various positions at the third largest property and casualty insurer in the United States.
Oregbesan earned a bachelor's in business administration with a concentration in finance from The University of Houston and a master's in business administration from Texas Women's University. She also holds an associates in claims (AIC) and certified school risk manager (CSRM) designations.
Nakeschi Watkins
Director, Risk Management and Insurance
Cornell University
Nakeschi Watkins is the director of risk management and insurance at Cornell University. Additionally, Watkins continuously works with local and state government agencies to keep abreast with changes impacting risk management in higher education and the risk management community. Watkins served on the RIMS New York Chapter Board of Directors. She is a graduate of the University of Alabama, where she earned her bachelor's of science in commerce and business administration management. She also severed in the US Army Reserve and Alabama Army National Guard for 12 years.
Beth Kidwell
Risk Management Consultant
United Educators
Beth Kidwell is a risk management consultant. She is responsible for advising United Educators (UE) members as they develop risk mitigation tactics, prioritize risk management goals, and launch or refresh enterprise risk management (ERM) initiatives. She joined UE in June 2023. Before joining UE, Kidwell worked nearly nine years at Otterbein University — including more than seven years as its director of risk management. She also has prior experience in finance, with more than 20 years’ experience in public, private, and nonprofit accounting. She earned a BS in accounting from Otterbein University and is a certified public accountant.
Key:
Complete
Next
Did Not Pass
Available
Locked