Agenda Item No. V. A. 2.

Washburn University Board of Regents

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

Description Vendor Amount

Cisco Systems Hardware Avnet Computer Marketing $25,519.00

ITS Department

ETC Funding

Competitive bid, lowest-price

bid meeting specifications

Spectrometer Varian, Inc. $37,495.00

Chemistry Department

General Equipment Funding

Competitive bid, lowest-price

bid meeting specifications

Renovation Kruger International $28,594.00

Bennett Hall Rooms 101 and 106

Facilities Services Project

Renewal of Basic Sports Flynn & Associates $49,950.00

Accident Insurance policy

through Nationwide Insurance