1. RCUH Policies and Procedures 2.120, Sole Source Purchase (previously titled Non-Competitive Purchases), has been revised to add policy details and responsibilities for the Principal Investigator and Fiscal Administrator.
Attachment 2, Sole Source Justification, has undergone a slight cosmetic change.
2. RCUH Policies and Procedures 2.125 Cost or Price Reasonableness (previously titled Cost or Price Analysis), has been revised.
- Reorganized the presentation of policy details.
- Added responsibilities for the Principal Investigator and Fiscal Administrator.
- Added samples of price analyses.
Added a sample cost analysis.
Attachment 1, Determination of Cost or Price Reasonableness, has been revised as well.
- Added a purpose for the form and instructions for completion of the form.
- Updated the expenditure condition for competitive proposals from one (1) proposal to all proposals.
- Added professional services procurement and extension of an existing contract past its initial term to the list of expenditure conditions.
- Added an approved signature line for the Designated University Official / Fiscal Administrator.