fy 2008 criteria for exemption from legal review
For Fiscal Year 2008, the following contracts and agreements are exempt from individualized legal review:
| (a) Purchasing Contracts | ||
| (1) | Contracts for purchases with a value at or below $10,000, except that legal review is required for all purchases directly related to: | |
| (i) | construction and renovation agreements; and | |
| (ii) | clinical services agreements. | |
| (2) | Hotel agreements with a value at or below $25,000 | |
| (3) | Banquet Event Orders with a value at or below $25,000 | |
| (4) | Speaker Agreements with a value at or below $25,000 | |
| (5) | State of Texas TXMAS and DIR contracts, provided no additional terms and conditions are included | |
| (6) | Credit applications otherwise approved by the campus purchasing departments | |
| (7) | Amendments, modifications, renewals, and/or extensions to an existing contract for the purchase or license of library materials when the revision is limited to: | |
| (i) | an extension of the term; and/or | |
| (ii) | a change in the cost of the contract; and/or | |
| (iii) | the addition and subtraction of titles | |
| (b) Research/Grant Agreements | ||
| (1) | Federal Demonstration Partnership (FDP) forms, provided no additional terms and conditions have been added | |
| (2) | Amendments, modifications, renewals, and/or extensions to an existing Research/Grant Agreement when the revision is limited to: | |
| (i) | an extension of the term; and/or | |
| (ii) | a change in the overall cost of the agreement, unless the revised agreement value otherwise requires Board approval. | |