Ferris State University Board of Trustees - Policies: 4. Administration and Finance

SUBPART 4-1
CONTRACTING POLICY

Sec. 4-101.	Applicability of this Subpart.
Sec. 4-102.	Contracting Authority of the Board.
Sec. 4-103.	Delegation of Authority by the Board.
Sec. 4-104.	Contracts Where the Amount Involved Does Not Exceed $150,000.
Sec. 4-105.	Institutional Articulation Agreements.
Sec. 4-106.	Contracts Not Involving Monetary Consideration.
Sec. 4-107.	Contracts in Case of Emergency.
Sec. 4-108.	Requirement that there be a Sufficient Unencumbered Balance.
Sec. 4-109.	Compliance with Law and with Legal and Liability Standards.
Sec. 4-110.	Legal Review and/or Risk Management Review.
Sec. 4-111.	Definition of "Foreign Entity".
Sec. 4-112.	Settlements and Agreements Relating to Employment Disputes for Labor Relations Matters.
Sec. 4-113.	Delegations of Contracting Authority.
Sec. 4-114.	Certain Specific Delegations of Authority.
Sec. 4-115.	Contracting Policy.

SUBPART 4-2
PURCHASING POLICY

Sec. 4-201.	Adherence to Good Business Practices, Ethical Standards, and Applicable Law.
Sec. 4-202.	Equality of Opportunity in Contracting.
Sec. 4-203.	Purchases of and Contracts for Goods, Supplies and Services-General Provisions.
Sec. 4-204.	Authority to Purchase or Contract.
Sec. 4-205.	Matters Reserved to the Board.
Sec. 4-206.	Monthly Purchasing Report.
Sec. 4-207.	Exceptions from this Subpart.

SUBPART 4-3
ACQUISITION AND LEASE OF REAL ESTATE BY THE UNIVERSITY

Sec. 4-301.	Acquisition of Real Estate by the University.
Sec. 4-302.	Certain Agreements Regarding Real Estate.
Sec. 4-303.	Lease of Real Estate by the University.
Sec. 4-304.	Legal Review of Acquisitions and Leases of Real Estate by the University.
Sec. 4-305.	Environmental Audit.

SUBPART 4-4
USE, RENTAL AND LEASE OF UNIVERSITY FACILITIES

Sec. 4-401.	Applicability of this Subpart.
Sec. 4-402.	Definitions.
Sec. 4-403.	Authority to Rent or Furnish University Facilities.
Sec. 4-404.	Adoption of Schedules of Rents and Additional Charges.
Sec. 4-405.	Lease of University Facilities.
Sec. 4-406.	Square Foot Charges for Use of Facilities.

SUBPART 4-5
TUITION AND FEES

Sec. 4-501.	Role of the Board in Establishing Tuition, Fees and Other Charges.
Sec. 4-502.	Authority Granted to the President.
Sec. 4-503.	Responsibility of the President to Advise the Board.
Sec. 4-504.	Special Tuition Arrangements.

SUBPART 4-6
RISK MANAGEMENT AND INSURANCE POLICY

Sec. 4-601.	Purposes of the Risk Management and Insurance Program.
Sec. 4-602.	Property and Casualty Insurance.
Sec. 4-603.	Administration of Risk Management and Insurance Program.
Sec. 4-604.	Reports to the Board.
Sec. 4-605.	Intent of this Subpart.

SUBPART 4-7
BANKING AND CASH MANAGEMENT

Sec. 4-701.	Banking and Cash Management Responsibility.
Sec. 4-702.	Primary Banks.
Sec. 4-703.	Deposit of Funds.
Sec. 4-704.	Checks, Drafts, and Other Orders for the Payment of Money.
Sec. 4-705.	Use of Money Market Mutual Funds.

SUBPART 4-8
INVESTMENT POLICY

Sec. 4-801.	Responsibility and Authority for Investment Activity.
Sec. 4-802.	Investment Objectives and Asset Allocation for Short-Term Investment Pool Accounts.
Sec. 4-803.	Investment Objectives and Asset Allocation for Intermediate-Term Investment Pool Accounts.
Sec. 4-804.	Investment Objectives and Asset Allocation for Long-Term Investment Pool Accounts.
Sec. 4-805.	Performance Objectives.
Sec. 4-806.	Investment Guidelines.
Sec. 4-807.	Evaluation of Investment Managers.
Sec. 4-808.	Signature Authority in Sales of Securities.
Sec. 4-809.	Quarterly Review and Report.

SUBPART 4-9
ANNUAL REVIEW AND DISPOSAL OF SURPLUS REAL ESTATE

Sec. 4-901.	Review of Properties Proposed for Disposal.
Sec. 4-902.	Disposal of Properties Approved by the Board for Disposal.
Sec. 4-903.	Development of Written Procedures.

SUBPART 4-10
DISPOSAL OF SURPLUS UNIVERSITY PERSONAL PROPERTY

Sec. 4-1001.	Policy of the University.
Sec. 4-1002.	Sale or Exchange of Surplus University Personal Property.
Sec. 4-1003.	Development of Written Procedures.

SUBPART 4-11
NAMING OF BUILDINGS, ROOMS AND AREAS

Sec. 4-1101.	Self-Liquidating Structures.
Sec. 4-1102.	State-Funded Buildings.
Sec. 4-1103.	Rooms and Areas.
Sec. 4-1104.	Recommendations by the President.

SUBPART 4-12
BOND CREMATION

Bond Cremation.

SUBPART 4-13
STUDENT HOUSING

Sec. 4-1301.	Provision of On-Campus Residential Housing.
Sec. 4-1302.	Requirement that Students Live in University Residence Halls.
Sec. 4-1303.	Permission to Live Off Campus.
Sec. 4-1304.	Overnight Visitation Program.
Sec. 4-1305.	Requirements Applicable to Students Who Live Off Campus.