Purchasing and Business Services Manual (PUR)

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Effective: 3/15/1987

Revised: 11/1/2020

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PUR 202-02: Procurements of More Than $25,000, but Not Exceeding $100,000

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Purpose

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To define competition requirements for Procurements that are more than $25,000 but not more than $100,000

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Source

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University policy

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Policy

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Procurements with an aggregate dollar value of greater than $25,000 but not exceeding $100,000

  • must be awarded to a Small Businesses unless it is impracticable (ABOR 3-803.C.1)
  • require multiple written quotes; written documentation to determine the price is fair and reasonable

Procurements using federal monies have additional requirements. See PUR 300: Federal Procurement.

Competitive price quotations may be solicited on the telephone, orally, or in writing. Informal bids do not need to be opened publicly. Price information received from any quotation will not be disclosed until after award of the order.


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