KENTUCKY STATE UNIVERSITY Board of Regents
DATE:June 7, 2018
SUBJ ECT:Approval of Contacts
FROM:Office of the General Counsel
ACTION ITEM:Yes
BACKGROUND: The Gold Book, Article II, Section 2(p) provides that the Kentucky State University Board of Regents shall “[a]pprove any appropriation, expenditure, disbursement or contract greater than $50,000, notwithstanding the provisions of KRS 164A.560 and 745 KAR 1:035.”
SUMMARY OF PROGRAMS/ ACTIVITIES: The President is hereby submitting the attached contracts for approval by the Kentucky State University Board of Regents.
Personal Service Contract for Captain and Crew for Kentucky State University's Kentucky River Thorobred
Dining Services Contract
ALIGNMENT WITH STRATEGIC GOALS: Goal 3 – Increase the University's Financial Strength and Operational Efficiency.
The execution and approval of these contracts will increase the University's financial strength and operational efficiency by contracting with an outside vendor.
COMMITTEE/PROGRAM ACTION: N/A
PROGRAM IMPLICATIONS: N/A
FISCAL IMPLICATIONS: See contract.
ATTACHMENTS: SUP Marine Support Services Contract. Dining Services Contract will be provided at a later date.
RECOMMENDATION: Approval of contracts.