Contracts - MiscellaneousPage address: http://www.mnsu.edu/finadm/contracts/misc/
238 Wigley Admin Center
Mankato, MN 56001
Amendments to contracts can be written to change any part of the agreement provided both parties are in agreement to the change prior to drafting the amendment. The process for writing an amendment is the same as for an original contract.
Contracts that are renewed will not usually exceed five (5) years. Contracts must show any renewal information including the amount previously paid. Any contract or amendments to original contracts proposed to continue beyond five years shall be reviewed by the Vice Chancellor at the Chief Financial Office.
All contracts received from Non-University contractors should be brought to the Office of Finance and Administration for review and processing.
Funds must be encumbered prior to confirming an obligation to a vendor. An authorized employee must certify that the accounting system shows sufficient allotment or encumbrance balance in the fund, allotment, or appropriation to meet it.
Contracts containing erasures, cross-outs or white-outs will be returned to the department to be redone unless the changes have been initialed by all parties involved with the contract.
Minnesota Statute 16A.41, Subd. 1, prohibits MnSCU institutions from making payments in advance. The State can only make prepayments for software or software maintenance contracts for State-owned or leased computer equipment, sole source maintenance agreements, exhibit space, subscription fees for newspapers and magazines, and the Library of Congress.
An expenditure or obligation authorized prior to encumbering funds is illegal, ineligible for payment, and is in violation of Minnesota Statute 16A.15, Subd. 3. An employee authorizing the obligation, making the payment or taking part in it, is liable to the State for the amount paid.