(1) The following contracts are not subject to the provisions of this part 5: (a) In accordance with section 18 (2) of article XIV of the state constitution, contracts between the state and its political subdivisions or the government of the United States, or any combination thereof; and(b) Contracts entered into by a state institution of higher education or the Auraria higher education center established in article 70 of title 23, C.R.S., so long as the chief executive officer of the institution or the center, or his or her designee, has determined that the conditions set forth in section 24-50-503 are met for those contracts that implicate the state personnel system.L. 93: Entire part added, p. 285, § 1, effective April 7. L. 2011: Entire section amended, (HB 11 -1301), ch. 297, p. 1426, § 20, effective August 10. L. 2012: (1)(b) amended, (HB 12-1081), ch. 210, p. 906, § 11, effective August 8.