By Roy Nieuwenburg
In a recent article titled “Understanding authority levels” that appeared in the Journal of Commerce (June 17, 2013 issue), Stephen Bauld (a procurement consultant and regular contributor) writes:
“Often I am asked about the rules around authority levels. Every corporation, whether political or commercial in nature, must identify those persons who have the authority to contract on its behalf and to specify the extent of the authority of each of those persons.”
The article goes on to address the application of this requirement to municipalities.