Enhances the University of Rhode Island's board of trustees role and streamlines procurement.

This bill enhances and defines the role of the University of Rhode Island's board of trustees, empowering it to contract independently for most purchases, except those funded by state bonds. It also establishes a more efficient procurement process for the university, exempting it from certain state purchasing regulations. The board is tasked with adopting rules and regulations for procurement, ensuring compliance with bond provisions, and overseeing the university's financial management.

Enhances the University of Rhode Island's board of trustees role and streamlines procurement.

This bill enhances and defines the role of the University of Rhode Island's board of trustees, empowering it to contract independently for most purchases, except those funded by state bonds. It also establishes a more efficient procurement process for the university, exempting it from certain state purchasing regulations. The board is tasked with adopting rules and regulations for procurement, ensuring compliance with bond provisions, and overseeing the university's financial management.