Board Rule 406

Board Rule 406 requires that certain contracts must be approved by the Board of Trustees:

• All contracts for goods or services, or both, involving an expenditure of $1,000,000 or more for the term of the contract (including all option, renewal or extension periods)that were not procured through a competitive process; and
• All consulting or professional services contracts involving an expenditure of $250,000 or more for the term of the contract (including all option, renewal or extension periods), regardless of whether the contracts were procured through a competitive process.

Contact: University Contracts, (205) 934-0387, UABContracts@uab.edu