8VAC85-10-100: Exemption for contracts entered into pursuant to |23-77.3 of the Code of Virginia

Upon a finding in writing by the Vice President and Provost for Health Sciences or his designee that a proposed contract falls within the provisions of § 23-77.3 of the Code of Virginia, the Medical Center may enter into the contracts and ventures authorized by that section without competition. Such contracts and ventures, however, still shall be subject to approval of the president and the Board of Visitors.