Purchasing Thresholds

Sponsored or Non-Sponsored Project Expenditures

Purchase Amount

Policy Requirements

< $10,000

Competitive quotes are not required.

Purchase is made using a Purchasing Card.

$10,000-$25,000

Department must obtain three (3) written quotes.

A purchase order is required.

$25,000-$100,000

Procurement Services will obtain three (3) written quotes.

A purchase order is required.

> $100,000

Procurement Services will conduct a formal competitive bid process.

A purchase order is required.