SUBJECT: Report of Purchases between $25,001 and $50,000

BACKGROUND:

At the March 8, 2001 Board of Regents Budget and Finance Committee meeting, the administration presented an item for discussion to increase the Board expenditure approval limit from $25,000 to $50,000. The increase was approved by the Board of Regents at its May 9, 2001 meeting.

DESCRIPTION:

In compliance with that approval and to ensure the Board fully complies with its fiduciary responsibilities, the Board of Regents requested all items approved by the administration between $25,001 and $50,000 be listed each month and included for ratification as a Consent Agenda item.

FINANCIAL IMPLICATIONS:

These expenditures are in line with current year budgets.

RECOMMENDATION:

President Farley recommends the Board of Regents ratify the attached procurements.

__________________ _________________________

(date) Jerry B. Farley, President

Computer File Storage Choice Solutions LLC $34,474.93

Equipment and Software

For ITS Department

- Proposals requested from

three vendors, award to

lowest-price bid.

Hot Water Heaters and Installation Samco Inc. $27,765.00

Petro Laundry Room - Competitively

bid, three bids received, award to

lowest-price bid. Facilities Services

Project #C03041

New Cooling Tower Replacement Marley Cooling Technologies $30,824.00

For Henderson Learning Center c/o Jorban-Riscoe Associates

Facilities Services Project #C0451

- Most economical alternative

proposed by consulting engineer.