The President or the Vice President for Administration and Finance is authorized to suspend procurement practices to restore operations and preserve capital when a threat to the health, safety and welfare of the community exists (i.e. a boiler failure during winter) that must be addressed immediately. The Chair of the Board of Trustees and the Finance Committee of the Board of Trustees will be notified at the time. The circumstances surrounding the suspension of procurement practices will be reported to the Finance Committee at the meeting following the incident.
Reason for Policy
Authorization to suspend procurement practices when an emergency situation occurs which must be addressed immediately.
To Whom Does the Policy Apply
The President, Vice President for Administration and Finance
Procurement Practices located on the Purchasing Department Website
Vice President for Administration and Finance