Procurement of Goods and Services
Competitive procurement thresholds for goods, non-consulting services and construction are as follows:
Purchase Value (Excluding Tax) |
Required Activity |
---|---|
$0.00 - $25,000 |
One (1) written quotation |
$25,001 - $99,999 |
Three (3) invitational written quotations |
$100,000 and over |
Open competitive RFx process to be advertised using an electronic bid service for appropriate number of calendar days as defined per applicable trade agreement |
Consulting Services
A competitive exercise is required for all consulting, regardless of value:
Purchase Value (Excluding Tax) |
Required Activity |
---|---|
$0.00 – $99,999 | Three (3) invitational written quotations from qualified consultants |
$100,000 and over | Open competition RFx process advertised using an electronic bid service for appropriate number of calendar days as defined per applicable trade agreement |
Multiple quotations are not required for purchases made for goods or services when under university contract or established Vendor of Record (VOR) arrangements.