The Office of Policy and Efficiency (OPE) has announced the revisions to APS8012-Special Tuition Status have now been implemented, effective Sept. 10, 2020.
The proposed changes were reviewed by the campus chancellors and approved by President Mark Kennedy on Aug. 6, 2020, but implementation of the changes was delayed pending approval of a related board resolution, which was adopted Sept. 10.
Regents approve new Policy 13.I: Contracting Authority and Regent Notification and amendments to the related Policy 3.A
The Board of Regents also formally approved the new Regent Policy 13.I: Contracting Authority and Regent Notification and conforming amendments to the related Policy 3.A: Definitions of Officers of the University, effective Sept. 10.
The new policy requires the regents to be notified of any contracts contemplated to meet or exceed $10 million prior to finalizing a solicitation. Informing the board provides an opportunity to receive board feedback prior to spending commitments being made. Exceptions are made for certain clinical contracts, research contracts, contract renewals, and universitywide price agreements.
For more detailed information, go to https://www.cu.edu/regents/rlpreview#tabs-2.