Approval of Business Transactions, Contract Authorization, Delegation of Authority and Purchasing Controls Duke Energy's Code of Business Ethics
Duke Energy's contractual agreements govern our business relationships and ensure that Duke Energy's intellectual property, business agreements and confidential information are protected.
Because the laws governing contracts are numerous and complicated, policies and procedures are in place to ensure that any contract entered into on behalf of Duke Energy has the appropriate level of review and approval.
Our Responsibilities
Duke Energy employees who enter into contracts on Duke Energy's behalf must have proper authorization, including legal review where applicable, prior to the execution of any such contract.
Duke Energy employees must:
- Know what types of contracts we are authorized to execute on behalf of the company, if any.
- Comply with Duke Energy policies and procedures for entering into contracts.
- Where required by policy, make sure that a contract agent reviews and approves any contract.
Employees must not:
- Enter into any contract on behalf of Duke Energy without proper review and authorization.
