Governor Mitch Daniels began his first term in 2005 and leaves office in early January.
Daniels acknowledges some people still question the wisdom of some of those changes.
Daniels says his new job at Purdue won’t require such sweeping changes because the public university already works well.
Politicians say Daniels will be remembered for several initiatives including changes to the welfare system, I-69 and privatizing parts of state government.
The trustees are scheduled to talk about specifics of the contract on Friday, the first day of the two-day board meeting.
Tuesday's Statehood Day was held to celebrate Indiana' 196th birthday.
The governor says he wants his contract as Purdue University's next president to be an example of increased accountability in higher education.
Lugar says there are some in Washington who, for partisan reasons, find it acceptable to send the country over the fiscal cliff.
The governor told Chamber of Commerce officials they should improve on the policies from the past eight years, particularly with infrastructure and education.
All of the governor-elect's cabinet appointees were involved in Governor Mitch Daniels' administration.