Board Policy 4001.1 details contract authorization limits and operational guidelines, delegating signatory power for contracts up to $50,000 to designated administrative roles while requiring prior Board approval for contracts exceeding $50,000 and subsequent Board ratification for contracts between $10,000 and $49,999. It mandates legal or trained staff review, legal oversight for leases and facility purchases, federal procurement compliance, non-discrimination clauses, and specific expenditure reporting protocols for bond contracts.
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