28.1 Policy

The OIST Graduate University (“the University”) may acquire goods, services and construction needed to carry out its goals and missions under comprehensive decision making and the supervision of the Board of Governor. Such Procurement Authority is ultimately delegated to designated Procurement Departments (defined at 28.8) and Budget Holders (faculty members etc.: defined at 27.3.2) within Requesting Units (defined at 28.8) who must base their purchases on sound business practice, best value, accountability, and compliance with donor, sponsor, and regulatory requirements. Further, the University requires those who undertake procurement on its behalf to comply with the rules and procedures set out in this Chapter.