Exemption for certain transactions Sample Clauses

Exemption for certain transactions. A. The provisions of these rules shall not apply to: 1. The selection of services related to the management and investment of the Institution's endowment funds, endowment income, or gifts. However, selection of these services shall be governed by the Uniform Prudent Management of Institutional Funds Act, Chapter 11 (§ 64.2-1100 et seq.) of Title 64.2
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Exemption for certain transactions. A. The provisions of these Rules shall not apply to: 1. The selection of services related to the management and investment of the Institution’s endowment funds, endowment income, or gifts pursuant to § 23-76.1. However, selection of these services shall be governed by the Uniform Management of Institutional Funds Act (§ 55-268.1 et seq.) as required by § 23-76.1. 2. The purchase of items for resale at retail bookstores and similar retail outlets operated by the Institution. However, such purchase procedures shall provide for competition where practicable. 3. Procurement of any construction or planning and design services for construction by the Institution when (i) the planning, design or construction is $50,000 or less or (ii) the Institution is obligated to conform to procurement procedures that are established by federal statutes or regulations, whether or not those federal procedures are in conformance with the provisions of these Rules. 4. The University of Virginia Medical Center. 5. The purchase of goods and services by the Institution when such purchases are made under a remedial plan established by the Governor pursuant to subsection C of § 9 of these Rules. B. Where a procurement transaction involves the expenditure of federal assistance or contract funds, the receipt of which is conditioned upon compliance with mandatory requirements in federal laws or regulations not in conformance with the provisions of these Rules, the Institution may comply with such federal requirements, notwithstanding the provisions of these Rules, only upon the written determination of the Institution’s President or his designee that acceptance of the grant or contract funds under the applicable conditions is in the public interest. Such determination shall state the specific provision of these Rules in conflict with the conditions of the grant or contract.
Sample 1Sample 2Sample 3See All (5)
Exemption for certain transactions. A. The provisions of these Rules shall not apply to: 1. The selection of services related to the management and investment of the Institution’s endowment funds, endowment income, or gifts pursuant to § 23-76. 1. However, selection of these services shall be governed by the Uniform Management of Institutional Funds Act (§ 55-268.1 et seq.) as required by 2. The purchase of items for resale at retail bookstores and similar retail outlets operated by the Institution. However, such purchase procedures shall provide for competition where practicable. 3. Procurement of any construction or planning and design services for construction by the Institution when (i) the planning, design or construction is $50,000 or less or (ii) the Institution is obligated to conform to procurement procedures that are established by federal statutes or regulations, whether or not those federal procedures are in conformance with the provisions of these Rules. 4. The purchase of goods and services by the Institution when such purchases are made under a remedial plan established by the Governor pursuant to subsection C of § 9 of these Rules. B. Where a procurement transaction involves the expenditure of federal assistance or contract funds, the receipt of which is conditioned upon compliance with mandatory requirements in federal laws or regulations not in conformance with the provisions of these Rules, the Institution may comply with such federal requirements, notwithstanding the provisions of these Rules, only upon the written determination of the Institution’s President or his designee that acceptance of the grant or contract funds under the applicable conditions is in the public interest. Such determination shall state the specific provision of these Rules in conflict with the conditions of the grant or contract.
Sample 1
Exemption for certain transactions. 1839 A. The provisions of these rules shall not apply to:
Sample 1
Exemption for certain transactions. 1842 A. The provisions of these rules shall not apply to: 1843 1. The selection of services related to the management and investment of the Institution's endowment 1844 funds, endowment income, or gifts. However, selection of these services shall be governed by the 1845 Uniform Prudent Management of Institutional Funds Act, Chapter 11 (§ 64.2-1100 et seq.) of Title 64.2 1846 of the Code of Virginia. 1847 2. The purchase of items for resale at retail bookstores and similar retail outlets operated by the 1848 Institution. However, such purchase procedures shall provide for competition where practicable. 1849 3. Procurement of any construction or planning and design services for construction by the 1850 Institution when (i) the planning, design, or construction is $50,000 or less or (ii) the Institution is 1851 obligated to conform to procurement procedures that are established by federal statutes or regulations, 1852 whether or not those federal procedures are in conformance with the provisions of these rules. 1853 4. The purchase of goods and services by the Institution when such purchases are made under a 1854 remedial plan established by the Governor pursuant to subsection C of § 9 of these rules. 1855 B. Where a procurement transaction involves the expenditure of federal assistance or contract funds, 1856 the receipt of which is conditioned upon compliance with mandatory requirements in federal laws or 1857 regulations not in conformance with the provisions of these rules, the Institution may comply with such 1858 federal requirements, notwithstanding the provisions of these rules, only upon the written determination 1859 of the President of the Institution or his designee that acceptance of the grant or contract funds under 1860 the applicable conditions is in the public interest. Such determination shall state the specific provision of 1861 these rules in conflict with the conditions of the grant or contract. 1862 § 36. Permitted contracts with certain religious organizations; purpose; limitations. - 1863 A. The federal Personal Responsibility and Work Opportunity Reconciliation Act of 1996, P.L. 0000 000-000, authorizes public bodies to enter into contracts with faith-based organizations for the purposes 1865 described in this section on the same basis as any other nongovernmental source without impairing the 1866 religious character of such organization, and without diminishing the religious freedom of the 1867 beneficiaries of assistance provided un...
Sample 1

Related to Exemption for certain transactions

  • Certain Transactions The Warrant Agent, and its officers, directors and employees, may become the owner of, or acquire any interest in, Warrants, with the same rights that it or they would have if it were not the Warrant Agent hereunder, and, to the extent permitted by applicable law, it or they may engage or be interested in any financial or other transaction with the Company and may act on, or as depositary, trustee or agent for, any committee or body of holders of Warrant Securities or other obligations of the Company as freely as if it were not the Warrant Agent hereunder. Nothing in this Warrant Agreement shall be deemed to prevent the Warrant Agent from acting as trustee under any indenture to which the Company is a party.

  • Foreign Transactions Visa. Purchases and cash withdrawals made in foreign currencies will be debited from your account in U.S. dollars. The exchange rate between the transaction currency and the billing currency used for processing international transactions is a rate selected by Visa from a range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives or the government-mandated rate in effect for the applicable central processing date. The exchange rate used on the processing date may differ from the rate that would have been used on the purchase date or cardholder statement posting date.

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