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University of Wisconsin-Stevens Point
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Financial Operations
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Risk Management - Contracts
Contracts/Certificates of Insurance
Risk Management provides assistance with contract review. Only individuals with designated signature authority are authorized to sign contracts on behalf of UWSP. See Business Affairs
signature authority
listing.
Vendor Insurance Requirements
. When an institution contracts with a vendor for materials, equipment, supplies, or services, that vendor's activities and the goods provided create an inherent liability risk to the institution. The goal of this program is to protect the institution from loss or exposure to loss resulting from any negligence on the part of an under/uninsured vendor who furnishes services to the institution. By obtaining an appropriate certificate of insurance and maintaining a current certificate of insurance on file, for a high risk procurement, the institution has evidence that insurance has been obtained which transfers risks associated with the business relationship with the vendor from the institution to the insurer. Call the Risk & Compliance Manager (
x2053
) and see UWSA Vendor Certificates of Insurance in Resources.
Resources
UWSA Vendor Certificates of Insurance
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