New Jersey Statutes
§ 18A:3B-57 Policies concerning professional services contracts.
New Jersey·Title 18A EDUCATION
12.
a.The governing board of a public research university or a State college shall establish policies concerning professional services contracts which, at a minimum, shall include procedures for the review of proposed professional services contracts to verify the need for the proposed services, determine whether conflicts of interest exist between the vendor and the institution, ensure appropriate procurement procedures are utilized, determine whether the proposed compensation is reasonable, and monitor the services delivered by the vendor.
b.The institution shall prepare an annual report on professional services contracts for submission to the institution's governing board. L.2009, c.308, s.12.
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Nearby Sections
15
§ 18A:3B-1
Short title§ 18A:3B-10
Funding necessary expenses of council§ 18A:3B-12
Executive board.§ 18A:3B-13 New Jersey Commission on Higher Education.
§ 18A:3B-13 New Jersey Commission on Higher Education.§ 18A:3B-14.2 Powers and duties of secretary.
§ 18A:3B-14.2 Powers and duties of secretary.§ 18A:3B-15
Rules, regulations.§ 18A:3B-16
Report to Legislature, Governor§ 18A:3B-19
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