USM Regents Committees on Finance and Economic Development Meet January 28

Adelphi, Md. (Jan. 22, 2016) -- The University System of Maryland (USM) Board of Regents Committee on Finance will meet at 10 a.m. on Thursday, January 28, and consider three action items, including proposed revisions to USM procurement policies and procedures. The meeting will be held at Towson University in the West Village Common, Ballroom A. Parking is available in the West Village Garage.

The revisions to procurement procedures reflect a comprehensive review aimed at providing a procurement process of quality, broad-based competition, and uniformity. Other actions before the committee include a lease renewal for University of Maryland University College.

The committee also will vote on whether to reconvene in closed session to discuss items that fall under closing guidelines of the Open Meetings Act. Those items are two real property acquisitions in the City of College Park (Md.) and City of Salisbury (Md.). The full agenda and supporting materials can be accessed here.

At noon, the Committee on Economic Development and Technology Commercialization would vote publicly on whether to reconvene in closed session to discuss an impending request-for-proposals to rebid the contract to operate the National Cancer Institute's FFRDC (federally funded research and development center).

In public session, the committee will hear several information items. They include a presentation from featured start-up Grip Boost, LLC, a collaboration developed with University of Maryland, College Park engineering students to develop a quick-drying polymer-gel that restores grip in worn-down football gloves. R. Michael Gill, secretary of the Maryland Department of Commerce, will discuss the department's ongoing strategic planning process and emerging priorities. The full agenda and supporting materials can be accessed here.

 Sign language interpreters and/or other appropriate accommodations for eligible individuals with disabilities will be provided upon request. Please call 301.445.2756 (voice) or 301.314.7683 (TTY/ITT) for special arrangements.  Maps and driving directions can be found here.

Contact: Mike Lurie
Phone: 301.445.2719
Email: mlurie@usmd.edu