Common use of REQUIREMENTS FOR RULES AND IMPLEMENTING POLICIES AND PROCEDURES Clause in Contracts

REQUIREMENTS FOR RULES AND IMPLEMENTING POLICIES AND PROCEDURES. 1126 A. Protests, Appeals, and Debarment. 1127 The rules and the University implementing policies and procedures for procurements other than 1128 capital outlay shall include a process or processes for an administrative appeal by vendors, firms, or 1129 contractors. Protests and appeals may challenge determinations of vendor, firm, or contractor 1130 non-responsibility or ineligibility, or the award of contracts, provided that such protests and appeals are 1131 filed within the timeframes specified by the rules. Remedies available shall be limited to reversal of the 1132 action challenged or, where a contract already being performed is declared void, compensation for the 1133 cost of performance up to the time of such declaration. The rules and the University implementing 1134 policies and procedures also may establish the basis and process for debarment of any vendor, firm, or 1135 contractor. 1136 B. Prompt Payment of Contractors and Subcontractors. 1137 The rules and the University implementing policies and procedures shall include provisions related to 1138 prompt payment of outstanding invoices, which shall include payment of interest on properly-presented 1139 invoices outstanding more than seven days beyond the payment date, at a rate no higher than the lowest 1140 prime rate charged by any commercial bank as published in the Wall Street Journal. The payment date 1141 shall be the later of 30 days from the date of the receipt of goods or invoice, or the date established by 1142 the contract. All contracts also shall require prompt payment of subcontractors by the general 1143 contractor, upon receipt of payment by the University. 1144 C. Types of Procurements. 1145 The rules and the University implementing policies and procedures shall implement a system of 1146 competitive negotiation for professional services, as defined in the rules, and shall implement purchasing 1147 procedures developed to maximize competition given the size and duration of the contract and the needs 1148 of the University. Such policies and procedures may include special provisions for procurements, such 1149 as emergency procurements, sole source procurements, brand name procurements, small purchases, 1150 procurements in which only one qualified vendor responds, and others.

REQUIREMENTS FOR RULES AND IMPLEMENTING POLICIES AND PROCEDURES. 1126 1122 A. Protests, Appeals, and Debarment. 1127 1123 The rules and the University implementing policies and procedures for procurements other than 1128 1124 capital outlay shall include a process or processes for an administrative appeal by vendors, firms, or 1129 1125 contractors. Protests and appeals may challenge determinations of vendor, firm, or contractor 1130 1126 non-responsibility or ineligibility, or the award of contracts, provided that such protests and appeals are 1131 1127 filed within the timeframes specified by the rules. Remedies available shall be limited to reversal of the 1132 1128 action challenged or, where a contract already being performed is declared void, compensation for the 1133 1129 cost of performance up to the time of such declaration. The rules and the University implementing 1134 1130 policies and procedures also may establish the basis and process for debarment of any vendor, firm, or 1135 1131 contractor. 1136 1132 B. Prompt Payment of Contractors and Subcontractors. 1137 1133 The rules and the University implementing policies and procedures shall include provisions related to 1138 1134 prompt payment of outstanding invoices, which shall include payment of interest on properly-properly presented 1139 1135 invoices outstanding more than seven days beyond the payment date, at a rate no higher than the lowest 1140 1136 prime rate charged by any commercial bank as published in the Wall Street Journal. The payment date 1141 1137 shall be the later of 30 days from the date of the receipt of goods or invoice, or the date established by 1142 1138 the contract. All contracts also shall require prompt payment of subcontractors by the general 1143 1139 contractor, upon receipt of payment by the University. 1144 C. Types of Procurements. 1145 The rules and the University implementing policies and procedures shall implement a system of 1146 competitive negotiation for professional services, as defined in the rules, and shall implement purchasing 1147 procedures developed to maximize competition given the size and duration of the contract and the needs 1148 of the University. Such policies and procedures may include special provisions for procurements, such 1149 as emergency procurements, sole source procurements, brand name procurements, small purchases, 1150 procurements in which only one qualified vendor responds, and others.

REQUIREMENTS FOR RULES AND IMPLEMENTING POLICIES AND PROCEDURES. 1126 A. Protests, Appeals, and Debarment. 1127 The rules and the University implementing policies and procedures for procurements other than 1128 capital outlay shall include a process or processes for an administrative appeal by vendors, firms, or 1129 contractors. Protests and appeals may challenge determinations of vendor, firm, or contractor 1130 non-responsibility or ineligibility, or the award of contracts, provided that such protests and appeals are 1131 filed within the timeframes specified by the rules. Remedies available shall be limited to reversal of the 1132 action challenged or, where a contract already being performed is declared void, compensation for the 1133 cost of performance up to the time of such declaration. The rules and the University implementing 1134 policies and procedures also may establish the basis and process for debarment of any vendor, firm, or 1135 contractor. 1136 B. Prompt Payment of Contractors and Subcontractors. 1137 The rules and the University implementing policies and procedures shall include provisions related to 1138 prompt payment of outstanding invoices, which shall include payment of interest on properly-presented 1139 invoices outstanding more than seven days beyond the payment date, at a rate no higher than the lowest 1140 prime rate charged by any commercial bank as published in the Wall Street Journal. The payment date 1141 shall be the later of 30 days from the date of the receipt of goods or invoice, or the date established by 1142 the contract. All contracts also shall require prompt payment of subcontractors by the general 1143 contractor, upon receipt of payment by the University. 1144 C. Types of Procurements. 1145 The rules and the University implementing policies and procedures shall implement a system of 1146 competitive negotiation for professional services, as defined in the rules, and shall implement purchasing 1147 procedures developed to maximize competition given the size and duration of the contract and the needs 1148 of the University. Such policies and procedures may include special provisions for procurements, such 1149 as emergency procurements, sole source procurements, brand name procurements, small purchases, 1150 procurements in which only one qualified vendor responds, and others.,