Division of the Chief Operating Officer

Financial Delegations

Projects:

<$2.5 million:

Projects less than $2.5 million require an individual business case and are within the approval delegation of the CIC via the Chief Operating Officer’s financial delegation.

>$2.5 million but less than $5.0 million:

Projects greater than $2.5 must be approved by the Vice-Chancellor. The Vice-Chancellor must approve the business case following endorsement of the CIC.

>$5.0 million:

Projects of strategic importance or that are greater than the Vice-Chancellor’s financial delegation of $5.0 million, require an individual business case to be approved by Finance Committee and where appropriate, BEIC, following endorsement of the CIC.

Financial obligations and budget requirements