Regents' Policy Manual - Section 7.5: Small Business Program

Adopted Date: 09-12-1996

Applicability

This policy applies to all funds expended by the University.

Policy

The University desires to provide optimal opportunity for small businesses and businesses owned by members of traditionally underrepresented groups to participate in contracts for goods or services provided to the University. Accordingly, the University shall develop a Small, Disadvantaged and Women-Owned Business Program, called the Small Business Program. The Small Business Program shall support the University's mission of community action and public service, enhance the University's ability to compete for federal and state-sponsored programs and research funds, and ensure compliance with federal and state law. Departments are encouraged to purchase from small businesses and businesses owned by members of traditionally underrepresented groups.

Implementation

The Purchasing Department shall develop and administer this Program.

References

Small, Disadvantaged and Women-Owned Business Program, UBPPM Policy 4305.