1. Purchase of Services FY12-PRC-002-00 Board of Trustee(BoT) Policy T92-031, ▸ Policy for Management of University Funds, ▸ Procurement Policy, Appendix A, as revised ▸ Business Expense Policy, Appendix C.

2. Purchase of Services Consulting Services Operational Services ******* Contract for Services University Sub-contract

3. Policy Highlights ▸ Policy Effective May 1, 2012 ▸ Quality Assurance/Post Audit < $5,000 ▸ Purchase Order only ≤$10,000 ▸ Contracts Required >$10,000 ▸ Independent Contractor: Human Resources when hiring Individuals

4. Policy Highlights ▸ Competitive Procurement Contract Usage ▸ Non-employee Compensation—DV to Controller ▸ Honoraria, Participant Costs ▸ Human Subjects, Other Research Non-employee Reimbursements—DV to Controller

5. Purchase of Services University Sub-contracts ▸ Contracts where University agrees to provide services ▸ For Consulting or Operational Services using external grants or sponsored programs ▸ New contract—Procurement website

6. Purchase of Services Processing Rules at a Glance

7. Purchase of Services Consulting and Operational Contracts> $50,000 Public Bidding Required* *unless Competitive Procurement Contract Best over-all value, Responsive, Responsible Bidder Preference to MA vendors Process takes 6-8 weeks Procurement creates contract

8. Thank You! ▸ Finance and Grants Council ▸ Purchase of Services Policy Advisory Group