2450 Purchasing

Policy Type: 
Finances

All purchases shall be made as set forth in the "Administrative Guidelines for Purchasing."

The President shall develop equitable procedures (1) to ensure competitive bids for the purchase of equipment, materials, and services and (2) to permit immediate action when the welfare and safety of students, staff, and the public are involved.

The maximum allowable purchase without prior Board of Trustees approval will be adjusted each year following the guidelines established by P.A. 159 of 1990. The President will inform the Board when the adjustment is made annually.

The bidding regulations for purchases not requiring prior Board approval will be indexed to the cost of living in the same manner as the maximum allowable purchase.

M.C.L. 380.1267, 380.1274 et seq.

Adopted Date: 
Monday, February 20, 1995
Revised Date: 
Thursday, June 25, 2015
Private: 
Public
Status: 
Board Approved