LOUISVILLE — The University of Louisville's foundation awarded a $200,000 no-bid contract last summer to an advertising firm whose CEO sits on the university's board of trustees.
U of L President James R. Ramsey, who also serves as president of U of L's non-profit foundation, acknowledged last week it was "a mistake" to give the contract to Creative Alliance, the firm headed by university trustee Debbie Scoppechio, without shopping around.
He said the foundation's board began drafting a tighter contract approval process and oversight policy after the Herald-Leader requested the foundation's consulting contracts through the Open Records law in December...