BP 730 - Purchasing Policy

It shall be the policy of the Eastern Iowa Community College District to purchase products and services from within the area community provided that such products and services shall be competitive.

The official budget document shall be considered as the authority for all expenditures made during the fiscal year. The principal concern of the Board of Trustees shall be that the overall expenditure for any fiscal period shall not exceed the budgeted amount for any open fund. Categorical breakdowns within funds shall be used primarily for budget control for the current fiscal year and for future budget planning.

The Executive Officer or his/her designee shall approve all purchases made in the name of EICCD except those authorized by direct action of the Board of Trustees.

DATE OF ADOPTION: 4/21/80
REVISED: 3/12/07
REVIEWED: 7/21/97; 7/10/00; 7/21/03; 6/18/12; 6/15/15; 11/19/18; 3/13/23
LEGAL REFERENCE: (Code of Iowa) Administrative Code Chapter 117
RELATED ADMINISTRATIVE PROCEDURES: D4