THAT:������������������������������������ Consistent with the provisions of Board of Regents� Policy 940.26, the Board of Regents authorizes Montana State University-Billings College of Technology to expend Student Equipment Fee funds for the following project which exceeds the local approval threshold:� purchase CISCO lab equipment for an instructional lab.� Total cost $52,563.
EXPLANATION:������������������ Board of Regents� policy 940.26 requires Board approval of all purchases over $25,000.� The Student Equipment Fee Committee membership is comprised 50% of students and they have given their approval.