University Policies

Documentation FIN-PUR-5.7

• Scope
• Policy Statement
• Reason for Policy
• Procedures
• History

Scope

-

Back to top

Policy Statement

All procurement transactions will be properly coded, documented and filed to identify the purchasing process and decision rationale. Documentation will be maintained under state record retention requirements.

Back to top

Reason for Policy

Indiana University has an obligation to its constituents to provide an accurate audit trail of all its purchasing activities.

Back to top

Procedures

Solicitation Process Procedures

Back to top

History

This policy was established on February 18, 1992.

Back to top