<html> <head> <title>Rule 50:01:02:24 Purchases.</title> <META NAME="Keywords" Content="Administrative Rules 50:01:02:24"> <META NAME="Description" Content="Administrative Rules 50:01:02:24 Purchases."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>50:01:02:24.&nbsp;&nbsp;Purchases.</b> Merchandise, supplies, equipment, and services shall be purchased in the open market to the best advantage of the fund, price and other factors considered, without favoritism and without regard to prices locally established. All purchases over $500 except the purchase of merchandise for resale must be approved by the AAGAR.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 12 SDR 151, 12 SDR 154, effective July 1, 1986.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=33-11-12">33-11-12.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=33-11-12">33-11-12.</A></p> </div> </body> </html>