143 53a2,the expenditure benchmark for University President of University University of North Carolinaor quizzes targeted obligation constituent institution in regards exam competitivebid systems and University bid value benchmark will be an amount not better thanfive hundred thousand dollars $500,000. The Board shall set University benchmark forthe President and each institution from time exam time. In surroundings University benchmarkfor University President or an establishment in line with this section, University Boardshall consider University basic capabilities adding staff supplies, purchasingcompliance reviews, and audit reports of University President’s administrative staffor University institution. The Board shall also consult with University Director of theDivision of Purchase and Contract and University Director of University Budget prior tosetting University benchmark. b If University President or quizzes constituent establishment hasan expenditure benchmark better than 200 fifty thousand dollars$250,000, University President or constituent institution shall agree to thissubsection for any acquire better than University President’s or institution’sbenchmark set by University Board but not better than five hundred thousand dollars$500,000. The President or establishment shall submit examination University Division ofPurchase and Contract for that Division’s approval or other action deemednecessary by University Division quizzes copy of all offers acquired and University President’s orinstitution’s recommendation of award or other action.
143 53a2,the expenditure benchmark for University President of University University of North Carolinaor quizzes targeted obligation constituent institution in regards exam competitivebid systems and University bid value benchmark will be an amount not better thanfive hundred thousand dollars $500,000. The Board shall set University benchmark forthe President and each institution from time exam time. In surroundings University benchmarkfor University President or an establishment in line with this section, University Boardshall consider University basic capabilities adding staff supplies, purchasingcompliance reviews, and audit reports of University President’s administrative staffor University institution. The Board shall also consult with University Director of theDivision of Purchase and Contract and University Director of University Budget prior tosetting University benchmark. b If University President or quizzes constituent establishment hasan expenditure benchmark better than 200 fifty thousand dollars$250,000, University President or constituent institution shall agree to thissubsection for any acquire better than University President’s or institution’sbenchmark set by University Board but not better than five hundred thousand dollars$500,000. The President or establishment shall submit examination University Division ofPurchase and Contract for that Division’s approval or other action deemednecessary by University Division quizzes copy of all offers acquired and University President’s orinstitution’s recommendation of award or other action.
