Princeton University Logo

Transaction Authority Policy

This policy clarifies the authority individuals employed by Princeton University have been delegated to bind the University to agreements with outside parties, including individuals and governmental entities, and to make and receive commitments on the University’s behalf.  It specifies dollar limits applicable to University employees’ further delegation of the authority they have been given, and it notes situations where consultation with others within the University is encouraged before an individual binds the institution to an agreement or commitment.