Part 4 Subpart 4-2 Purchasing Policy
Sec. 4-205. Matters Reserved to the Board.
The Board, as the body corporate having ultimate responsibility for the University,
reserves to itself the responsibility to:
- Approve all proposed purchases of and contracts for capital construction or construction
services for the University involving a cost greater than $250,000, prior to the solicitation
of bids.
- Approve contracts for professional services for the University involving a cost greater
than $25,000.
Cross Reference:
Subpart 4-1. Contracting policy.
