Old Dominion University Research Foundation’s (the Foundation) policies and procedures require that any financial transaction initiated be done so with appropriate levels of authorization. Signature authority is the responsibility of the designated Principal Investigator on individual project accounts, cost centers, overhead accounts, and discretionary accounts. Co-Principal Investigators have automatic signature authority for projects on which they are so designated. The signature authorization may be delegated to staff or research assistants only upon expressed written approval of the Principal or Co-Principal Investigator.

The Old Dominion University Research Foundation Signature Authorization / Delegation Form is the mechanism that is used to authenticate or delegate signature authorization. Part A – SIGNATURE AUTHORIZATION is completed for any investigator with an account established at the Foundation. Part A is to be completed only once and becomes a permanent record for signature verification purposes. Part B – SIGNATURE DELEGATION is initiated by the Principal Investigator or Co-Principal Investigator to identify the specific projects or accounts and individuals for which authority is delegated. Limited signature authorization is allowed up to certain dollar limitations designated by the Investigator. The signature authorization may be delegated for the following functions: