3.10 – COI: Prohibitions in Procurement

Policy Details

Responsible Executive: Vice President Administration and Finance
Responsible Administrator: Director Procurement Services
Scope: NMSU System
Last Updated: 09/08/2005

No member of the Board of Regents or any employee, either directly or indirectly, shall sell to the university any supplies, equipment, services or insurance or receive any commission or profit on account thereof, and all such persons are prohibited from being parties directly or indirectly to any such contract.  The university shall strictly comply with all state statutes and federal regulations to include, but not limited to, NMSA 1978 Section 21-1-35 and NMSA 1978 Section 13-1-190.  Further guidance may be found under Section 4 of the NMSU Business Procedures Manual.

Related

Cross-Reference:

Section 4 of the NMSU Business Procedures Manual

Revision History:

2017 Recompilation, formerly Rule 3.20.38