Policy of Procurement and Engagement of Services

The University of Chicago has authorized in accordance with University Policy 1201 that the Executive Director of Procurement Services, (the " Executive Director") and the Associate Vice President for Finance (the "Associate Vice President for Finance") will establish, formulate, publish, maintain and interpret policies and procedures to be followed by all ordering units of the University in order to provide for the efficient and responsible conduct of all University procurement and disbursement activities.

Therefore, the following Policy of Procurement and Engagement of Services (the "POLICY") is set forth to instruct and inform all faculty, staff, and employees in the manner of conduct and understandings for procurement and related service activities.