California § 4625.5 - The governing board of each regional center shall adopt and maintain a written po

§ 4625.5. The governing board of each regional center shall adopt and maintain a written po

(a) The governing board of each regional center shall adopt and maintain a written policy requiring the board to review and approve any regional center contract of two hundred fifty thousand dollars ($250,000) or more, before entering into the contract. (b) A regional center contract of two hundred fifty thousand dollars ($250,000) or more shall not be valid unless approved by the governing board of the regional center in compliance with its written policy pursuant to subdivision (a). (c) Notwithstanding subdivisions (a) and (b), for purposes of this section: (1) (A) Until July 1, 2030, contracts requiring approval by the governing board of a regional center shall have an identified monetary value of three hundred fifty thousand dollars ($350,000) or more. (B) As of July 1, 2030, the monetary value for the contract specified in subparagraph (A) shall be four hundred fifty thousand dollars ($450,000), and every five years thereafter, it shall be increased by fifty thousand dollars ($50,000). (2) Contracts do not include either of the following: (A) Vendor approval letters issued by regional centers pursuant to Section 54322 of Title 17 of the California Code of Regulations. (B) Purchase of service authorizations.