CSU POLICY
Section: CSU POLICY MANUAL FOR CONTRACTING & PROCUREMENT
| Section 5000 Policies |
Policy Number: 5208.0
Policy Title: Multi-Year Contracts
Policy Effective Date: March 19, 2001
Last Revision Date:
(see revision history)
POLICY OBJECTIVE
To establish system wide contracting and procurement policy as required by Education Code 89036.
POLICY STATEMENT
A contract for goods or services may be entered into for any period of time deemed to be in the best interests of the CSU provided the term of the contract and conditions of renewal or extension, if any, are included in the solicitation.
A multi-year contract is authorized where:
- estimated requirements cover the period of the contract and are reasonably firm and continuing; and
- such a contract will serve the best interests of the CSU by encouraging effective competition or otherwise promoting economies in CSU procurement
Contracts extending into future years must include a provision stating that continuation of the contract is subject to the appropriation of funds by the California Legislature.
In developing multiyear contracts, consideration should be given to the expected changes in the applicable price levels throughout the term of the contract.
APPLICABILITY AND AREAS OF RESPONSIBILITY
REVISION HISTORY
RESOURCES AND REFERENCE MATERIALS
Useful Guidelines:
Related Principles:
Sound Business Practices:
Laws, State Codes, Regulations and Mandates:
COGNIZANT OFFICE(S)
CO Manager:Tom Roberts
Director, Contract Services & Procurement
CSU Office of the Chancellor
troberts@calstate.edu
Tom Roberts
Director, Contract Services & Procurement
CSU Office of the Chancellor
troberts@calstate.edu
Procurement and Support Services Officers
