Current through Register Vol. XLI, No. 50, December 13, 2024
Section 112-6-4 - Award and Compensation4.1. Criteria for Award - The purchasing documents shall contain the criteria for award.4.2. Method of Compensation - The financial institution receiving the purchase order awarded pursuant to the purchasing documents shall submit monthly invoices detailing the goods and services provided at the rates specified in the purchase order. The Treasurer shall review the invoice and if found in order shall make payment in arrears directly to the financial institution.