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Title: Procurement Policy
Subject: Contracting and Procurement
Policy No: FIN 2016:06
Applies: University-Wide
Issuing Authority: Senior Director of Contracting & Procurement Responsible Officer: Senior Director of Contracting & Procurement
Adopted: 04/11/2016
Last Revision: 05 07/2108/2024
Last Reviewed: 05 07/2108/2024
I. PURPOSE
To the maximum extent possible, the procurement of goods and services for Rowan University of New Jersey, will be conducted in an open and competitive environment to ensure that prices paid by Rowan for those goods and services are fair and reasonable, and that procurements for Rowan follow best in class ethical business practices. Procurements of goods and services for Rowan must conform to the standards identified in this policy which reflect applicable Federal and State laws and regulations where necessary. This Policy shall replace prior policies on this topic.
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