A procurement unit acquiring a procurement item may establish the price of the procurement item based on:

1. (1) a price list, rate schedule, or price catalog:

   1. (a) submitted by a vendor and accepted by the procurement unit; or
   2. (b) mandated by the procurement unit or a federal agency; or
2. (2) a federal regulation for a health and human services program.

Enacted by Chapter 355, 2016 General Session