765 Ky. Admin. Regs. 1:040

Current through Register Vol. 51, No. 5, November 1, 2024

Section 765 KAR 1:040 - Purchase - inventories - sales of surplus property - capital construction procedures

RELATES TO: KRS 164A.575, 164A.580, 164A.585, 164A.590, 164A.595, 164A.600

NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of the public institutions of higher education may elect to perform the financial management functions of KRS 164A.555 to 164A.630 by issuing administrative regulations to do so. This administrative regulation implements the provisions of KRS 164A.575, 164A.580, 164A.585, 164A.590, 164A.595, and 164A.600 at the University of Kentucky.

Section 1. The University of Kentucky Board of Trustees, under the provisions of KRS 164A.560, elects to purchase and manage interests in real property, contractual services, rentals of all types, supplies, materials, equipment, printing, and services in accordance with KRS 164A.575 and elects to manage and administer capital construction projects in accordance with KRS 164A.580, 164A.585, 164A.590, 164A.595 and 164A.600.

765 KAR 1:040

17 Ky.R. 710; eff. 10-14-90; Crt eff. 2-12-2020.

STATUTORY AUTHORITY: KRS 164A.560