Contracts
July 2000
August 1, 2026
September 2025
September 2032
Vice President for Finance and Facilities
Policy
Minnesota State University, Mankato’s contractual obligations must conform to pertinent federal and state laws as well as Minnesota State policies.
A contract or agreement is an agreement between Minnesota State and/or the university and another person or entity that creates a binding legal obligation upon Minnesota State and/or the university and another party, regardless of the title or name of the document.
Minnesota State University, Mankato is required to prepare contracts for companies and individuals who will be paid to perform a task or service. Examples of contracts include, but are not limited to: Clinical, design and construction, services, facilities and leases, software, maintenance services, consultant, professional or technical services (see Minnesota State - Minnesota State Forms and Contract Templates).
Only authorized personnel with an approved Delegation of Authority may sign contracts obligating Minnesota State and/or the university.
Contact Minnesota State University, Mankato’s Office of Finance and Facilities for questions related to these policies.
Rationale
Minnesota State serves as a good steward of tuition funds, state appropriations, and other resources entrusted to it by Minnesotans and the students we serve. In that pursuit, system contracting and procurement practices and processes shall be transparent, fair, and consistent with the authorities afforded in state statute.
Minnesota State colleges, universities, and system office are responsible for procurement of necessary goods and services and the implementation of contracts that maximize the use of financial resources.
History of Revisions
- Effective Date of Last Review: August 1, 2026
- Date of Last Review: September 2025
- References:
Procedure
Minnesota State University, Mankato follows Minnesota State System procedures, but it may have some slight variances when university discretion is allowed. Procedures are subject to change based on policy and procedure updates. The current procedures can be found here: Initiate a Contract | Minnesota State University, Mankato
Information regarding the current Minnesota State Dollar Threshold procedures for purchases/contracts*: Minnesota State Connect - Contract Management
*Minnesota State Mankato requires:
- A minimum of one sealed bid/quote for $1-$25,000.
- A minimum of two sealed bids/quotes for $25,001-$99,999.
- Sealed bids must be solicited by public notice - Request for Proposal (RFP) or Request for Bid (RFB) for $100,000 or greater.
Contact Minnesota State University, Mankato’s Office of Finance and Facilities for questions related to these procedures.
History of Revisions
- Effective Date of Last Review: August 1, 2026
- Date of Last Review: September 2025
- References:
