The Center shall be exempted from §§ 931 et seq. of Title 3 known as 'General Services Administration Act'. All purchases for goods and services shall be made according to the rules and regulations adopted by the Board. Such norms and regulations shall provide that every purchase and contract for supplies or services, excluding those by professionals, which exceeds the amount of thirty thousand dollars ($30,000), shall require a formal bid. When the total amount of said purchase or contract is less than said amount, a procedure to request for proposals from at least three (3) bidders or suppliers, shall be provided through regulations.\nIn case of emergencies requiring immediate delivery of materials, goods and equipment or the rendering of specific services, or in case of agreements or contracts with public agencies, financial institutions and tax collecting savings and credit unions no call for bids shall be necessary.\nThe Center shall be subject to compliance with Act No. 42 of August 5, 1989 known as 'Preference Procurement Policy Act of the Government of Puerto Rico'.\nHistory —Aug. 30, 1991, No. 80, § 12.
Puerto Rico Legal Code