(a) Notwithstanding title 31 Virgin Islands Code, chapter 23, the Department of Education may purchase or contract for all supplies, materials, equipment and contractual services, if the cost of the purchase or contract does not exceed $50,000.
(b) Each principal of a public school in the Virgin Islands shall, in a manner described in this chapter, purchase or contract for all supplies, materials, equipment and contractual services, required by the particular school when such purchase or contract is not estimated to exceed $50,000.
(c) The Virgin Islands Department of Education shall employ and assign persons trained and experienced in fiscal and budgetary management at each public junior high and senior high school in the Virgin Islands to assist principals in the procurement processes and audits.