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Record Retention Schedules

Records Retention.

Contract Files

Arranged By:   Alphabetical by vendor
Application Number:   89-22
Item Number:   190.05
 

Purpose:

This record series consists of the contract files maintained by the Office of the University Legal Counsel.  The records generally contain all documents generated from business contracts established between NIU and outside vendors including:  original contracts, original leases, and all related correspondence.
 

Procedure:

Retain in office for five (5) years following termination of agreement, then dispose of provided all audits have been completed under the supervision of the Auditor General, if necessary, and no litigation is pending or anticipated.

 

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