POLICY 4:04:01:50

SUBJECT: Revenues From Campus Concession

The institutions and technology centers governed by the State Board of Regents shall consider revenue received from campus concessions as unrestricted revenue.

Any contract between the institution or center and any external agency to the institution or center is to be awarded on the basis of open competition in the form of proposals or bids.

Any award of concessions to agencies internal to the institution or center shall be awarded on the basis of proposals presented to the institution or center and eligibility to present proposals will not be limited to any specific internal agency.

Source: TBR Meetings, August 17, 1973; September 30, 1983