West Virginia Code § 5-16C-3

Finance board responsibilities for review and approval of certain
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contracts.
The finance board is responsible for reviewing any proposed contract authorized by this
article before it is executed by the director of the Public Employees Insurance Agency. If the
board determines that the proposed contract meets the requirements of this article and
would assist in effectively managing the costs for the programs involved ande would not
result in jeopardizing state funds or funds due the state, it shall approve the contract and
authorize the director of the Public Employees Insurance Agency to exercute the contract.

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