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Contracts and Agreements

The Financial Manager shall be authorized to approve contracts and agreements involving no more than $10,000, provided that the contract or agreement will cease to be in force no later than the end of the current fiscal year, or, for a contract or agreement made after June 15 of a fiscal year, no later than the end of the following fiscal year. The Financial Manager shall report to the Senate Budget and Finance Committee on any contract or agreement approved under the authority of this section at the first Committee meeting after the contract or agreement was approved.

All other contracts and agreements shall require the approval of the Senate before becoming effective.

Mon May 9 17:09:02 PDT 1994