BLAIR LEE III, Acting Governor                             373

(III) ANY CONTRACT OR PURCHASE MADE BY A COUNTY
FOR A COMMUNITY COLLEGE UNDER PROCEDURES AUTHORIZED BY THE
COUNTY CHARTER OR AN ACT OF THE GENERAL ASSEMBLY.

(B)   ADVERTISEMENT.

(1)   THE BOARD OF TRUSTEES, AT LEAST 2 WEEKS
BEFORE BIDS ARE TO BE FILED, SHALL ADVERTISE FOR BIDS IN AT
LEAST ONE NEWSPAPER PUBLISHED IN THE COUNTY.

(2)   THE      BOARD OF TRUSTEES MAY NAME IN THE
SPECIFICATIONS AND      ADVERTISEMENTS FOR BIDS THE PARTICULAR
MAKE, KIND, OR BRAND   OF ARTICLE TO BE CONTRACTED FOR OR
PURCHASED.

(C)   CONTRACT.

(1) THE CONTRACT SHALL BE AWARDED TO THE LOWEST
RESPONSIBLE BIDDER, WHO CONFORMS TO THE SPECIFICATIONS, WITH
CONSIDERATION GIVEN TO:

(I)   THE QUANTITIES INVOLVED;

(II)   THE TIME REQUIRED FOR DELIVERY;

(III)   THE PURPOSE FOR WHICH REQUIRED;

(IV)   THE COMPETENCE AND RESPONSIBILITY OF THE
BIDDER; AND

(V)    THE ABILITY OF THE BIDDER TO PERFORM THE
CONTRACT SATISFACTORILY.

(2)   THE BOARD OF TRUSTEES MAY REJECT ANY AND ALL
BIDS AND READVERTISE FOR OTHER BIDS.

(D)   VIOLATION OF SECTION.

A CONTRACT ENTERED INTO OR PURCHASE MADE IN VIOLATION
OF THIS SECTION IS VOID.

REVISOR'S NOTE: This section is new language derived
without substantive change from Art. 77A, §6A.

16-409. AUDITS.

(A) GENERAL RULE.

(1) EACH COMMUNITY COLLEGE IN THE STATE SHALL
HAVE AN ANNUAL AUDIT OF ITS BOOKS OF ACCOUNT, ACCOUNTING
PROCEDURES AND PRINCIPLES, AND OTHER FISCAL AND OPERATIONAL
METHODS AND PROCEDURES.

(2) THE COUNTY AUDITOR MAY REVIEW THE RECEIPT
AND EXPENDITURE OF BUDGETED FUNDS UNDER AN ADEQUATE
ACCOUNTING SYSTEM AT ANY COMMUNITY COLLEGE IN THE COUNTY.