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Pima County Community College District Board Policy

Board Policy Title:  Risk Management
Board Policy Number: BP-2409
Adoption Date:  11/21/79
Revision Date(s):    11/1/95, 11/10/09
Schedule for Review & Update:    Annually
Unit Responsible for Review & Update:  Executive Vice Chancellor for Finance and Administration
Sponsoring Unit/Department:    Executive Vice Chancellor for Finance and Administration
Motion Number:   1943
Legal Reference:             
Cross Reference:      
       


The Pima County Community College District shall develop and implement a risk management program, the purpose of which shall be to minimize long-term costs of funding risks. The means whereby this is to be accomplished shall include the following:

  1. Avoidance of risk;
  2. Risk assumption;
  3. Safety and loss control activities;
  4. Self insurance; and
  5. Transfer of risk, including the purchase of insurance.

The program shall be conducted without unduly inhibiting the necessary activities and functions of the College.

All major insurance contracts shall be awarded by means of the open bid process. Bidding is to occur at three-year intervals except when it is deemed advisable in an intermediate or intervening year to employ the open bid process due to current circumstances.