KRS 165.130: Contracts -- Bids for.

Any work for which a bond issue has been provided may be done by contract or

otherwise, in the discretion of the president and trustees of the university. When any

contract involves the expenditure of two thousand dollars ($2,000) or more it shall be

awarded to the lowest and best bidder. All bids or parts of bids for any such work, or for

any supplies, may be rejected by the president and trustees. The president and trustees

may do any part of the work by day labor when deemed advisable.