The law limits the length contracts can be signed with vendors or contractors. Typically schools sign contracts for fundraisers, yearbook, athletics, and other program needs. Schools and programs are authorized to sign contracts with a contract period of no more than one year and/or not more than a total contract amount of $9,999. Contracts that extend beyond one year and/or are $10,000 or more must be reviewed and signed by the Board President and Business Administrator.