The bill amends several sections of the General Laws concerning the University of Rhode Island, establishing a Board of Trustees as a public corporation responsible for managing the university's operations, property, and finances. Key provisions grant the board the authority to enter into contracts, manage employee benefits, and oversee procurement processes without being subject to certain state purchasing regulations. The board is also empowered to adopt its own rules and regulations regarding procurement and is designated to maintain its own internal audit functions and controls.

Significant changes include an exemption from limitations on full-time equivalent (FTE) positions effective retroactively to July 1, 2025, and the establishment of a landscaping fund for university improvements. The bill clarifies that the board and the university shall not be required to comply with chapter 2 of title 37 ("state purchases") for most procurements, except for those directly related to projects funded by the State of Rhode Island general obligation bonds.

Additionally, the bill modifies the definition of "state agency" by removing exclusions for purchases funded by restricted, sponsored, or auxiliary moneys, specifying that such purchases will now be funded by general obligation bonds. The legislation also outlines responsibilities for construction management at-risk services and emphasizes the need for experience in managing similar projects. Overall, the amendments aim to enhance governance and operational efficiency at the University of Rhode Island, with the bill set to take effect upon passage.

Statutes affected:
2683: 37-2-7