Contract Protocol Process Revision

Description

The PricewaterhouseCoopers (PwC) Report to Management on Internal Controls and Business Observations recommended that a university-wide protocol be established for the review of contracts. A committee comprised of a cross-section of Drexel stakeholders was created to review current contract practices and recommend a process that can be implemented for all contracts University-wide. The committee plans to implement a contract management system that provides an electronic repository for potential, active, and expired Drexel contracts and allow reviewers to simultaneously assess the contract and provide feedback.

Current Activity

The project is on hold while systems and processes are evaluated.

Collaborating Departments

Representatives from the following areas:

• Academy of Natural Sciences
• Accounts Payable and Procurement Services
• Applied Innovation
• Business Services
• Information Technology
• Institutional Advancement
• Office of Budget and Financial Planning
• Office of EVP, Treasurer, and COO
• Office of Research and Innovation
• Office of the General Counsel
• Office of the Provost
• Program Management and Organizational Effectiveness
• Real Estate and Facilities
• Risk Management

Expected Timeline

Contact Information

Lindsay Norlen, Director, Organizational Effectiveness: les37@drexel.edu or 215.571.4644