Vice President and Chief Financial Officer
Associate VP, Office of Procurement Servicesjschunk@iu.edu
All Indiana University units and employees.
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Awards shall be made employing a combination of the following criteria:
Cost may not be the sole criteria considered in the award of purchase.
Life-Cycle Costing: Includes total acquisition price, installation, annual operating and maintenance costs, and residual value.
This policy was established on February 18, 1992.