No-Bid Contract at Louisville

The University of Louisville's foundation awarded a $200,000, no-bid contract to an advertising company led by a university trustee, The Lexington Herald-Leader reported. James Ramsey, president of the university and its foundation, said it was "a mistake" to award the contract in this way to an advertising business. He also said that the university's foundation has started working on tighter contracting procedures -- a project that started after the newspaper made an open records request for information about contracts.