Approval Authority Policy

Last updated:
Approval Authority Policy
PDF · 1.39 MB · Approved April 2012
Policy Details
Policy number
2.02.2012.B
Policy category Financial
Responsible department
Vice-President, Finance and Administration
Approval authority Board of Governors
Original approval date
Next review date

Policy Summary

The purpose of this policy is to establish approval authorization limits for the procurement of goods and services to ensure that expenditures incurred by the University are approved by officials who have the responsibility, authority and accountability for such expenditures. It is also to formally comply with the Broader Public Sector (BPS) Procurement Directive issued by the Management Board of Cabinet, July 1,2011, which requires that the University establish an approval authority schedule for procurement of goods and services and have it approved by the Board of Governors. 

In this policy, you will find: 

  • Purpose 
  • Scope 
  • General 
  • The Policy