Consulting Services
Consulting Services means the provision of expertise or strategic advice that is presented for consideration and decision-making. This is different from the definition for Professional Services, which means the engagement of a person or entity retained under a fee-for-service arrangement to perform specific tasks under a client’s direction for a limited period. Examples of Consulting Services include management consultants and policy consultants.
All non-competitive purchases for the supply of consulting services require the approval of the President or his/her delegated authority. For non-competitive consulting services contracts valued greater than $1,000,000, the approval of the Board of Governors is also required.