Gratuities and Gifts, Procurement
Effective: Moved to Policy Library from UPM 10.3(3)
Reviewed: May 2016
Contact: Procurement Services
Introduction
In 1992, the Iowa legislature passed the Iowa Public Officials Act, amending the gift law in Iowa Code chapter 68B. This act was further amended in 1993.
Policy Statement
Employees of the university and their immediate family members shall not, directly or indirectly, solicit, accept, or receive from any one "donor," a gift as defined. A gift means a rendering of money, property, services, discount, loan forgiveness, payment of indebtedness, or anything else of value in return for which legal consideration of equal or greater value is not given or received. Employees may accept items available free of charge to members of the general public and non-monetary and food items worth no more than three dollars. A "donor" includes anyone who contracts with the university or is seeking to contract with it. This includes persons involved in sales, leases, purchases, or other contracts.