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.
