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The use of ASU Foundation or other ASU affiliated entity funds to pay for a contract, or the intent to use affiliated entity funds to cover the costs associated with a proposed contract, does not affect the applicability of the University and State rules and regulations outlined in this manual.
Note: Any contract or transaction where the named party is the Arizona Board of Regents (ABOR), ASU, or any college, unit, or program of the University must comply with all University and State rules and regulations, regardless of how that contract is funded.
The only time a contract which is funded with affiliated entity funds can avoid the application of these University and State rules and regulations is when the contract is approved by, signed by, and in the name of the affiliated entity.