POLICY TITLE:

Purchasing

APPLIES TO:

Staff

Faculty

ADMINISTRATIVE AUTHORITY:

Finance & Administration

APPROVED BY:

Kentucky State University Board of Regents

EFFECTIVE DATE:

August 8, 2025

NEXT REVIEW DATE:

August 8, 2028

POLICY STATEMENT:

A purchasing system is in place to help ensure that purchases of goods and services are properly approved and obtained at the best value with a fair and open opportunity to vendors for KSU business.

The Purchasing Department provides procurement services in a timely, legal, ethical, and professional manner to the research, academic and administrative departments in support of KSU's mission and goals, and at the best value to KSU.

This policy is intended to provide a framework for these procurement activities, thereby ensuring compliance, fiscal responsibility, and efficiency.

DEFINITIONS:

Best Value