Contracts, Memorandums of Understanding (MOUs), and Insurance:
Contracts and memorandums of understanding (“MOUs”) must be negotiated, executed and approved in keeping with the Government, Public Contract, and Education Codes, as well as adopted Board Policies and Administrative Regulations. Failure to comply with these requirements may nullify the contract and/or make the person signing the contract personally liable for required payments. When in doubt, call NBSIA (707/428-1830) or your general counsel for advice.
A brief summary to help users better understand aggreements and some contract terminology:
A simplified guide to help users determine appropriate insurance coverages and requirements specific to contract/agreement type:
An indemnity agreement allocates responsibility for damages. One party agrees to assume responsibility for some or all claims against the other. Sample agreements can be downloaded via the link below: