State and Federal Statutes and RegulationsFIN-PUR-2.0
All Indiana University faculty and staff.
University Procurement Services will comply with all state statutes, federal laws, and regulations where applicable.
Reason for Policy
To ensure that state and federal regulations will be followed.
University Procurement Services will develop policies procedures and processes in cooperation with other departments where applicable to ensure compliance with state and federal regulations.
Failure to follow appropriate policies and procedures regarding the use of University funds and resources or in obligating the University to financial or legal transactions could put the University in financial and legal risk. Sanctions for failure to comply could result in disciplinary action up to and including employee termination. Violation of state statutes could result in civil or criminal penalty and legal actions.
|State and Federal Statuses
|Contracts and Grants||Office of Research
The sources for this policy are:
State & Federal Government,
University Procurement Services,
Office of the Vice President of Capital Projects and Facilities,
Office of Research Administration.
Created on: February 18, 1992
Revised on: June 30, 2009
Last Reviewed: June 30, 2013
Last Revised on June 11, 2015