Contracts

GOVERNING AUTHORITY

Please review Boise State University Policy 6030, University Contracts, for information on approval procedures for contract and lease agreements which obligate Boise State University and Boise State University Policy 6130, Purchasing, which identifies policies and procedures governing purchases made with university funds.
Note:  All contracts must be reviewed and approved by the Deputy General Counsel.  Call x61203 for instructions.

CONTRACTS FOR SALE OF BOISE STATE UNIVERSITY RIGHTS OR SERVICES:

Idaho State Board of Education Governing Policy Section V.I.6.b.
The sale of any services or rights (broadcast or other) of any institution, school or agency requires prior approval of the Board when it is reasonably expected that the proceeds of such action may exceed two hundred fifty thousand dollars ($250,000)…
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PROCESS

Example of Agenda Submission for Board approval:
Multi-Media and Marketing Rights for Boise State University Athletics

GOVERNING AUTHORITY

CONTRACTS FOR CONSULTING OR PROFESSIONAL SERVICES:

Idaho State Board of Education Policy Section V.I.3.a.
Purchases of equipment, data processing software and equipment, and all contracts for consulting or professional services either in total or through time purchase or other financing agreements, between two hundred fifty thousand dollars ($250,000) and five hundred thousand dollars ($500,000) require prior approval by the executive director. The executive director must be expressly advised when the recommended bid is other than the lowest qualified bid. Purchases exceeding five hundred thousand dollars ($500,000) require prior Board approval…
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PROCESS

Contracts valued at $250,000-$500,000: The executive director of the State Board of Education must approve contracts within this value range.  Please contact Melissa Jensen, Finance and Administration, for requirements for such a submission.
Example of memo submission to SBOE Executive Director:
Request Approval – Idaho Regional Optical Network (IRON) Purchase Order
Note:  Include copies of pertinent supporting documents, e.g. purchase order, contracts.
Contracts valued at $500,000 or more:
The State Board of Education must approve any contracts over $500,000. Please contact Melissa Jensen for requirements for such a submission.

Example of Agenda Submission for Board approval:
Multi-Media and Marketing Rights for Boise State University Athletics
Note:  Include copies of pertinent supporting documents, e.g. purchase order, contracts.