Can program officials sign contracts and agreements?

Master the CPFO Procurement Exam with our comprehensive study guide. Dive into flashcards and multiple-choice questions, complete with hints and answers, to ensure you're ready to pass your test!

In procurement practices, the authority to sign contracts and agreements is typically designated to the Chief Procurement Official. This individual is responsible for ensuring that all contractual obligations comply with legal standards, organizational policies, and strategic goals. The Chief Procurement Official often has the requisite knowledge and authority to negotiate, authorize, and commit the organization to legal agreements, which is crucial for risk management and accountability.

While program officials may have important roles in the procurement process, such as providing input on requirements and reviewing contracts, they generally do not possess the authority to execute such documents. This is to ensure that there is a clear line of authority and responsibility in the contracting process, minimizing the risk of unauthorized commitments that could lead to financial or legal complications for the organization.

Consequently, the option that states only the Chief Procurement Official may sign is aligned with best practices in procurement governance, emphasizing the importance of centralized authority in contract execution.

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