Board Policies
Chapter 5 - Administration
5.14 Procurement and Contracts - History
| Date
of Implementation: |
06/21/00, |
| Date
of Adoption: |
06/21/00, |
|
Date & Subject of Revisions:
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.
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