UNIVERSITY OF VIRGINIA
          FINANCIAL AND ADMINISTRATIVE PROCEDURES MANUAL


Revision Pending
TITLE:  OBTAINING BOARD OF VISITORS                PROCEDURE:  7-9
        APPROVAL FOR LARGE PURCHASES 

                                                                   
                    
Policy Reference:            VII.A.7

Purpose

To describe how to obtain Board of Visitors approval for certain
large purchases.

Note:  See also Policy VI.R.1, "Contracts."

NOTE:  Purchases for services greater than $500,000 or for goods
greater than $1,000,000 must have Board of Visitors approval before
being finalized.  A department anticipating a procurement of this
size should seek vice presidential and Board approval well in
advance of the date the contract needs to be finalized.  Board and
vice presidential approval should be sought by departments
anticipating purchases that are unusual, controversial or unique in
nature.


     Responsibility                         Action                  
        
Department Head              1.  Requests Board of Visitors
                                 approval through respective vice
                                 president.

Vice President               2.  If approved, prepares resolution
                                 for Board.

                             3.  Seeks advice on resolution from
                                 Legal Adviser.

Board of Visitors            4.  Forwards informational copy of
                                 resolution to Assistant Vice
                                 President for Finance.

                             5.  Approves resolution.

Board of Visitors' 
Office                       6.  Forwards copy of approved
                                 resolution to:

                                 Appropriate Vice President
                                 Purchasing and Materials Services

Purchasing                   7.  When appropriate, forwards copy of
                                 resolution to Assistant Vice
                                 President for Finance for
                                 signature.
                                                                   
ISSUED BY:                                                 09/15/87 
Chief Contracting Officer 
                              7.9.1