LITTLE ROCK (Nov. 12, 2018) – The Board of Trustees of the University of Arkansas will meet Nov. 14-15 at the University of Arkansas at Fort Smith. The meetings will begin at 1 p.m. Wednesday and will resume at 8:30 a.m. Thursday. They will be held in the Reynolds Room at the Smith-Pendergraft Campus Center on the UA-Fort Smith campus. A complete agenda book is available here and a tentative schedule for the meetings is below. Wednesday, November 14, 2018 – Reynolds Room, … [Read more...] about UA Trustees to Meet Nov. 14-15 at University of Arkansas at Fort Smith
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Real Estate Purchases
1. Campus obtains one, and preferably two, appraisals from appraisers who are qualified by licensure and experience to assess the type of property being purchased. 2. Campus prepares an offer on a form approved by General Counsel. A template for a simple offer and acceptance is available here. At a minimum, the offer should include the following conditions: Completion of a survey satisfactory to the University. A copy of the most recent survey should always be requested. A new … [Read more...] about Real Estate Purchases
UA Trustees to Meet Sept. 13-14 at Fayetteville
LITTLE ROCK (Sept. 12, 2018) – The Board of Trustees of the Unviersity of Arkansas will meet Sept. 13-14 in Boyer Hall of the Janelle Y. Hembree Alumni House at the University of Arkansas, Fayetteville. Thursday’s meetings begin at 1:30 p.m. and continue Friday at 8:30 a.m. The full, tentative schedule is below. The agenda can be found here. Thursday, September 13, 2018 – Boyer Hall of Hembree Alumni House Noon Lunch Available 1:30 p.m. Chair … [Read more...] about UA Trustees to Meet Sept. 13-14 at Fayetteville
Payment Requests and Processing
1. Contractors may periodically submit payment requests, but no more than once a week, for work completed; when unit prices are specified in contract documents a request for payment must be based upon the quantity completed. Specific payment submission requirements will be stated in the contract documents and must be followed. A retainage of no more than 5% of the earned progress payment is to be withheld from the contractor’s payment when the contractor has obtained a payment and … [Read more...] about Payment Requests and Processing
Awarding Professional Contracts
1. Contracts with architects and engineers are awarded following the process set in Board Policies 730.2 and 740.1. The Chancellor or Vice President of the Division of Agriculture selects a campus or unit level committee, which must include the Vice President for Finance and Administration. The selected committee advertises for three consecutive days in a newspaper of general circulation. The advertisement must state the scope of the required services, the project location, selection … [Read more...] about Awarding Professional Contracts