Purchase of Services

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