AM24: Improving Contracts on Campus: Common Pitfalls and Suggested Solutions

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:

1. 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. 
2. Submit the CPE check-out code displayed at the end of the session. 
3. 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.