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:

  1. 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.
  2. Approve contracts for professional services for the University involving a cost greater than $25,000.

Cross Reference:

Subpart 4-1. Contracting policy.