N.Y. Education Law § 6404: Purchases by certain independent institutions

§ 6404. Purchases by certain independent institutions. Any

postsecondary institution chartered under the powers of the regents

pursuant to section two hundred sixteen of this chapter or incorporated

under a special act of the legislature may make purchases of commodities

and services pursuant to the terms of contracts let by the office of

general services subject to such rules as may be established from time

to time pursuant to section one hundred sixty-three of the state finance

law which may establish limitations with respect to commodities and

services and impose such other appropriate conditions upon purchasing as

deemed necessary by the commissioner of general services in order to

protect the state's own purchasing interests; provided that each such

purchase shall have a cost of five hundred dollars or more and that said

institution shall accept sole responsibility for any payment of such

cost due the vendor.