ROWAN UNIVERSITY POLICY
Title: Procurement Policy
Subject: Contracting and Procurement
Policy No: FIN: 2016:06
Applies: University-Wide
Issuing Authority: President
Responsible Officer: Senior Vice President for Finance and CFO
Adopted: 04/11/2016
Last Revision: 08/05/2016
Last Reviewed: 08/05/2016
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- Business Ethics Guide – State of New Jersey
- Executive Order 117 – State of New Jersey
- N.J.S.A. 52:34-13.2
- N.J.S.A.18A:64M-1 et seq. – governs purchases and contracts involving Rowan University as the receiver of goods and services, including construction and custodial and maintenance services.
- N.J.S.A. 19:44A-20.14 – See also Executive Order #117, effective November 15, 2008.
- N.J.S.A. 19:44A-20
- N.J.S.A. 34:11-56.25, et seq. - New Jersey Prevailing Wage Act
- N.J.S.A. 52:34-9(a)
- N.J.S.A.18A:64M-9(v)
VI.
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STATE OF NEW JERSEY OVERSIGHT
- The New Jersey State Comptroller has oversight of State institutions' contracting power. See N.J.S.A. 52:15C-1 et seq. The Comptroller's Office reviews proposed public contracts valued at more than $10,000,000 before advertisements are issued.
- In addition, University contracts valued at more than $2M will be reported to the Comptroller's Office no later than 20 business days after the contract is awarded, with a detailed description of the process used to select the vendor and a list of rejected or disqualified bids.
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