Section 40. Scope and purpose of Medical Center procurement guidelines

The guidelines contained in this policy statement apply to contracts awarded by the university on behalf of the Medical Center for the procurement of goods; services, including professional services; and construction. It shall be the policy of the university that Medical Center procurements conducted by the university result in the purchase of high quality goods, services and construction at reasonable prices, and that the Medical Center be free, to the maximum extent permitted by law and these guidelines, from constraining regulations which hinder the ability of the Medical Center to do business in a competitive environment. These guidelines shall apply to all procurements undertaken by the university on behalf of the Medical Center, regardless of the source of funds.

Historical Notes

Derived from Volume 12, Issue 21, eff. July 1, 1996.

Statutory Authority

§ 23-77.4 of the Code of the Virginia (Chapters 933 and 995 of 1996 Virginia Acts of Assembly).