5.14 Procurement and Contracts - History
Chapter 5 - Administration
Date of Adoption: 06/21/00,
Date of Implementation: 06/21/00,
Date & Subject of Revisions:
11/18/14 - Amends Part 3 Accountability/Reporting to include Subparts B-F.
11/16/11 - Effective 1/1/12, the Board of Trustees amends all board policies to change the term "Office of the Chancellor" to "system office," and to make necessary related grammatical changes.
05/19/10 - amended to require approval by the Board for inter-agency and intra-agency agreements, joint powers agreements that do not create a joint powers board, Minnesota Department of Administration master contracts, Office of Enterprise Technology master contracts or Minnesota State Colleges and Universities master contracts with a value greater than $3,000,000.
03/17/10 - Amended Part 3 to require annual reports on procurement contracts with values greater than $100,000 be available on the system's Web site and in other formats upon request, and requires Board approval for contracts, including amendments, with values greater than $3,000,000. Amends Part 3 to clarifies which do not require approval by the Board of Trustees.
06/21/06 - Amended Part 1 removing requirement to report exceptions the Board annually. Other technical changes.
12/7/05 - Amended Part 1 with additions to the list of authority sources granted to the Board of Trustees for contracting, and clarifies that the Chancellor will approve exceptions to the five-year limit on contract terms and exceptions will be reported annually. Amended Part 3 to expand/clarify accountability for presidents from professional/technical services contracts to all contracts, increased the contract authorization level from $1M to $2M before Board approval is required, and clarified that the Board will pre-approve contracts with a value greater than an identified dollar limit.
06/18/03 - changes "system office" to "office of the chancellor", provides for annual report on contracts to be available on the system's webpage and in other formats upon request, updates website addresses.
06/21/00 - Contains language formerly in Board policy 5.5; adds language in Part 2 to include the system office.