Policy Number: 126

Purchases From and Sales to Employees

Subject:

Purchasing items or selling items to employees

Scope:

Employees

Date Reviewed: November 2012

Responsible Office: Procurement Services

Responsible Executive: Senior Vice President, Finance and Business Services

I.     POLICY AND GENERAL STATEMENT

Purchases from or sales to any employee of The University of Texas Health Science Center at Houston of any supplies, materials, services, equipment or property must have the prior approval of the President or the President's designee. Prior approval and reporting are not required for purchases by employees made at public auctions.

II.     PROCEDURE

A. Purchases from Employees

For detailed procedural information, refer to the Purchases from Employees section of the Purchasing Procedures.

B. Sales to Employees

For detailed procedural information, refer to the Capital Assets Management Handbook.

III.     CONTACTS

ContactTelephoneEmail/Web Address
Procurement Services 713-500-4700

procurementservices@uth.tmc.edu

Capital Assets 713-500-4701

capital.asets@uth.tmc.edu