Repository: UIHistories Project: Board of Trustees Minutes - 1984 [PAGE 413]

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BOARD OF TRUSTEES

[October 20

applications include the potential of N M R spectroscopy as a metabolic diagnostic tool (topical or spectral N M R ) and the possibility of tying the N M R image (the picture of the diseased area) to a metabolic evaluation (the chemistry) of the disease process. The purchase contract for the equipment will be $1,750,000. T h e installation costs will not exceed $1,500,000. Actual installation cost will be determined by a three-dimensional environmental magnetic field analysis which will be conducted by MEDFACS (Medical Facilities and Construction Services), a division of GE. Funds for payment of the equipment purchase will be placed in an escrow account at a financial institution acceptable to both parties in accordance with the following schedules: a. $50,000 — on execution of purchase contract. b. $125,000 — on provision of system specifications (expected December 1, 1983). c. $87,500 — 120 days prior to delivery of system. d. $1,137,500 — on delivery of system. e. $350,000 — upon acceptance of the system. Funds in the escrow account will be released to GE upon delivery of the system. T h e University will be billed for and will pay the installation costs as they are incurred. This purchase contract is exempt from the sealed bid procedure as specially designed research equipment economically procurable from only one source. T h e University will enter into a cooperative research agreement with GE incorporating: (a) full access and technical support for Chicago campus faculty, staff, and patients in the currently operational N M R Imaging Unit at General Electric's Milwaukee facility for the period up to the acceptance and full operation of the instrument; and (b) $150,000 in direct research support for the Chicago campus during the term of its clinical investigation program. Funds for the purchase of the N M R equipment are available from the Hospital Income Fund. Funds for the installation of the N M R equipment are available in the restricted fund operating budget of the College of Medicine. The vice president for academic affairs and the vice president for business and finance concur in this recommendation. I recommend approval. I n the presentation of this recommendation, Chancellor Langenberg and D r . K a r e n M . Hiiemae, associate vice chancellor for research, Health Sciences Center, presented in some detail the scientific significance of the equipment being purchased. O n motion of M r . Howard, this recommendation was approved by the following vote: Aye, Mrs. Day, Dr. Donoghue, M r . Forsyth, M r . H a h n , M r . Howard, M r . Logan, M r . M a d d e n , Mrs. Shepherd, M r . Stone; no, n o n e ; absent, Governor Thompson. ( T h e student advisory vote was: Aye, M r . Bolen, M r . Milkint; no, none.) Purchases (18) T h e president submitted, with his concurrence, a list of purchases recommended by the directors of purchases and the vice president for business and finance. T h e list of purchases was presented in two categories: (1) purchases from appropriated funds (i.e., from State appropriations to the University); and (2) pur-