QHRRP 9000-001
Procurement Policy
Review/update responsibility |
Finance |
Revision |
14 Oct 2024 |
Revision |
Florida Statute 720.303.(4)(a)(9)(10) |
Policy |
This procurement policy guides the Association procurement strategy, fostering responsible and efficient procurement procedures. It defines the overarching standards and guidelines of ‘‘what’ is expected of employees to conduct an efficient, ethical, and compliant procurement procedure framework. The Board of Directors will conduct Procurement Policy compliance review annually. |
Purpose |
To support the procedures that will deliver, services, supplies, and construction of good quality and value to the Association on a timely basis. |
Scope |
This policy applies to the procurement of all Association goods and services and related contracts that are within the authority of the Property Manager only. Other Transactions (see QHRRP 9000-005 (Definitions)) that are solely the responsibility of Board and are not within the authority of the Property Manager are not subject to these policy requirements. |
Records retention |
All financial and accounting records, including Bids shall be retained for 7 years. |
In this section |
This section covers the following topics.
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