Effective: 3/15/1987 |
Revised: 11/1/2021 |
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PUR 202: Source Selection; Procurement Method |
Define the requirements for selecting suppliers for Procurements.
University policy
All Procurements must serve a public purpose, be obtained at a fair and reasonable price, with an appropriate level of competition, and be made in accordance with applicable regulations.
Procurement requirements will not be divided artificially or fragmented into dollar increments or components to circumvent the dollar threshold requirements.
Pursuant to Arizona Board of Regents Policy Manual - 3-801.C. any procurement of $100,000 or less must be awarded to a small business unless impracticable. The chief procurement officer has decided that the transaction under $10,000 are impracticable to mandate awarding to a small business.