Section 50. General competitive principles

In connection with Medical Center procurements and the processes leading to award of contracts, the university is committed to:

1. Seeking competition to the maximum practical degree, taking into account the size of the anticipated procurement, the term of the resulting contract and the likely extent of competition;

2. Conducting all procurements in a fair and impartial manner and avoiding any impropriety or the appearance of any impropriety;

3. Making procurement rules clear in advance of any competition;

4. Giving access to the Medical Center's business to all qualified vendors, firms and contractors, with no potential bidder or offeror excluded arbitrarily or capriciously, while allowing the flexibility to engage in cooperative procurements and to meet special needs of the Medical Center;

5. Ensuring that specifications for purchases are fairly drawn so as not to favor unduly a particular vendor; and

6. Providing for the free exchange of information between the Medical Center, the remainder of the university, and vendors, firms or contractors concerning the goods, services or construction sought and offered, while preserving the confidentiality of proprietary information.

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).