.. .. • • ~ampus Planning & Housing, 5/21/86, p. 2 not less than the actual quantities needed, we should not be taking too great a risk by proceeding with this contractor. 3. The original bid was tied to the value of the Deutschmark. AUC rejected this and instead proposed paying in dollars, thus raising the question of the rate at which the Egyptian pound expenses would be converted and of who would do the exchange, the University or the contractor. One possible solution was found: to move the pounds and dollars within the University budgets, but since this would make the project appear to be more expensive, the Committee concurred that this would not be the best solution. MOTION. It was moved and seconded that the Committee authorizes the ...