Financial Services Manual (FIN)

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Effective: 6/4/1993

Revised: 3/1/2005

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FIN 118: Competitive Bids against Private Enterprise

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Purpose

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To provide guidance in situations where university departments are submitting bids for providing goods/services in competition with private enterprise

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Sources

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Arizona Board of Regents Policy Manual - 1–105
University policy

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Policy

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If a university department is entering a competitive bid for goods or services where the department is required by Arizona Board of Regents policy to fairly and fully allocate all direct and indirect costs, Financial Services should be contacted on procedures for the calculation of the direct and indirect costs.

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