§ 907.
246 words·~1 min read·
/vt/title-29/chapter-49/907A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 907. Manner of payment of bills for purchases
(a)The Commissioner of Buildings and General Services shall furnish to suppliers at the expense of the State the forms for all proposals and contracts. The Commissioner shall make all contracts in duplicate and shall forward forthwith one copy to the Commissioner of Finance and Management. An item of expense for any article mentioned in this chapter shall not be allowed by the Commissioner of Finance and Management in the settlement of any account except when the purchase of the article is authorized and approved by the Commissioner of Buildings and General Services.
(b)The Commissioner of Buildings and General Services may establish a purchasing card program for the purpose of authorizing all spending units of the State to use a purchasing card as an alternative payment method for official State purchases. The Commissioner may contract with one or more financial institutions, card-issuing banks, credit card companies, charge card companies, debit card companies, or third-party merchant banks to provide State purchasing cards. The Commissioner may accept receipts from the purchasing card program. The Commissioner is authorized to establish policies for participation in the program and use of the purchasing card. (Added 1959, No. 328 (Adj. Sess.), § 13; amended 1983, No. 195 (Adj. Sess.), § 5(b); 1995, No. 148 (Adj. Sess.), § 4(a), eff. May 6, 1996; 2003, No. 63, § 25, eff. June 11, 2003; 2005, No. 147 (Adj. Sess.), § 30, eff. May 15, 2006.)