(1) Authority to Promulgate Regulations. Except as otherwise provided in this code, the board shall have the authority and responsibility to promulgate regulations, consistent with this code, governing the procurement, management, control, and disposal of any and all supplies, services, and construction to be procured by the State. Such regulations shall be binding in all procurements made by the State.
(2) Nondelegation. The board shall not delegate its power to promulgate regulations.
(3) Approval of Operational Procedures. Governmental bodies shall be authorized to develop internal operational procedures consistent with this code; provided, that such operational procedures shall be certified in writing by the appropriate chief procurement officer as being consistent with this chapter.
(4) The board as a whole or acting through its procurement policy committee shall consider and decide matters of policy within the provisions of this code including those referred to it by the chief procurement officers. The board shall have the power to audit and monitor the implementation of its regulations and the requirements of this code.