The threshold over which a formal, advertised solicitation must be conducted.
All solicitations over the Large-Dollar Purchase threshold are posted on BidSync.
A list of current solicitations can be seen here.
$100,000 – Professional Services
$100,000 – Enterprise Software
$100,000 – Construction
$50,000 – All other goods and services
Small-Dollar Purchase Threshold
The threshold established by Procurement Services and approved by President's Council
over which adequate competition must be sought in accordance with Small-Dollar guidelines.
Procurements under the Small-Dollar Purchase Threshold may be placed at the discretion
of Procurement Services without seeking competition.
Procurement between the Small-Dollar Purchase Threshold and the Large-Dollar Purchase
Threshold will be placed following the solicitation of quotes. Quotes for these procurements
will be sought from at least two vendors known to provide the good or service needed.