Common use of Public Funds Limitation Clause in Contracts

Public Funds Limitation. The GOVERNING BOARD shall not contract with a for- profit entity for the management of the charter school. The GOVERNING BOARD must ensure that any third-party contracts for the expenditure of public funds comply with the Procurement Code, and such other applicable laws, rules and regulations.

Appears in 2 contracts

Samples: webnew.ped.state.nm.us, webnew.ped.state.nm.us

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Public Funds Limitation. The GOVERNING BOARD shall not contract with a for- DRAFT 121522 for-profit entity for the management of the charter school. The GOVERNING BOARD must ensure that any third-party contracts for the expenditure of public funds comply with the Procurement Code, and such other applicable laws, rules and regulations.

Appears in 1 contract

Samples: webnew.ped.state.nm.us

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Public Funds Limitation. The GOVERNING BOARD shall not contract with a for- for‐ profit entity for the management of the charter school. The GOVERNING BOARD must ensure that any third-party third‐party contracts for the expenditure of public funds comply with the Procurement Code, and such other applicable laws, rules and regulations.

Appears in 1 contract

Samples: webnew.ped.state.nm.us

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