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Revenues From Campus Concession : 4.04.01.50

Printed on June 9, 2023, 5:26 am

Policy/Guideline Area

Business and Finance Policies

Applicable Divisions

TCATs, Community Colleges

Purpose

The purpose of this policy is the establishment of the process and procedures regarding revenues received from campus concessions at institutions governed by the Tennessee Board of Regents.

Policy/Guideline

  1. Revenues from Campus Concession
    1. The institutions governed by the Tennessee Board of Regents shall consider revenue received from campus concessions as unrestricted revenue.
    2. Any contract between the institution and any external agency to the institution is to be awarded on the basis of any method provided under TBR Purchasing Policy.
    3. Any award of concessions to agencies internal to the institution shall be awarded on the basis of proposals presented to the institution and eligibility to present proposals will not be limited to any specific internal agency.

Sources

Authority

T.C.A. § 49-8-203

History

TBR Meetings, August 17, 1973; September 30, 1983; September 28, 2007.

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