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Brief Description
Approved By: MSU Denver President
Purpose: Board policy prohibits MSU Denver from entering into contracts containing indemnification or hold-harmless provisions, except under limited circumstances, and then only when the contract is approved in compliance with this policy, which sets forth the requirements for approval. This policy does not modify or amend delegations of authority to approve and to execute binding legal instruments. Any contract to indemnify or hold harmless presents economic risks that must be carefully evaluated. A contract to indemnify or hold harmless that fails to comport with either the Board policy or this Presidential policy is not permitted.
Scope: This policy applies to all contracts entered into by MSU Denver, whether denominated as an agreement, memorandum of understanding, intergovernmental agreement, purchase order, or some other title.
Contact: Contracts and Business Services Manager, 303-605-5265
Read the full policy statement, by clicking the following link: