The Corporation shall be exempted from complying with any requirement related to the bidding or auction procedures for the adjudication of construction, services and procurement contracts and any other type of contract when necessary and convenient for the achievement of its purposes and when authorized by the Board, in every case through a resolution to that effect. Every one of such resolutions shall establish the circumstances that justify the Corporation’s exemption from the requirements for public bidding. However, it shall be required to have at least three (3) quotations from different entities. The Corporation shall establish through regulations all the norms and procedures needed for the proper use of its funds and resources, which must comply with sound administration parameters.The Corporation may use the construction methodology known as construction management or any of its variations, for contracting any of its construction projects. The Corporation may issue any regulations, rules, administrative determinations or circular letters it may deem necessary to implement said method for contracting and its use. History —Aug. 11, 2004, No. 209, § 4.02.
Puerto Rico Legal Code