710.033 FIU Foundation Inc., Procurement

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Policy

FIU secures supplies, goods, and services, including professional services, for the FIU Foundation in a cost-effective and responsive manner, consistent with quality requirements and specifications, in order to meet the needs of the FIU Foundation. To the extent possible, goods and services should be procured competitively to ensure reasonable prices and safeguard against favoritism or fraud.

All purchases must (1) be reasonable in light of the circumstances under which the purchase is being made; (2) be intended to directly benefit the FIU Foundation and/or Florida International University, (3) not jeopardize the FIU Foundation’s tax-exempt status; (4) comply with all applicable laws and regulations; (5) comply with donor’s intent (if applicable) for the use of the funds; (6) be approved by the personnel authorized by the Board of Directors to act on behalf of the FIU Foundation, and; (7) to work with the University in a flexible and positive manner to the University’s goals and mission.


Published on 2017-10-16

Administrative Oversight & Contact Information

Howard Lipman

Senior Vice President - University Adva

11200 S.W. Eighth Street MARC 540 Miami FL 33199
  • Phone: 3053486298
  • Facsimile: 3053483337

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