| Cost |
Oral Bids |
Written Bids |
Advertise |
Dept. P.O. |
Procurement Card |
Signature on Requisition |
Funds Availability Certification on Requisition |
Required Signatures On Purchase Order or Contract |
| 0-=<$2500 |
1 |
No |
No |
Yes |
Yes |
N/A |
N/A |
Bdgt. Mgr.or Designee |
| >$2500-<=$10,000 |
1 |
No |
No |
No |
No |
N/A |
Buyer |
Budget Manager |
| >$10K =<$25K |
1 |
No |
No |
No |
No |
N/A |
Dir. of Budget |
Budget Manager |
| >$25K<=$50K |
1 |
No |
No |
No |
No |
Bdgt.Mgr |
Dir. of Budget |
Director of Contracts and Budget Manager |
| >$50K-<=$100K |
1 |
No |
No |
No |
No |
Bdgt.Mgr |
Dir. of Budget |
VP for Business & Finance and Budget Manager |
| >$100,000 |
1 |
No |
No |
No |
No |
Bdgt. Mgr. |
VP for Business & Finance |
VP for Business & Finance (after PRC Approval) and Budget Manager |
| Note 1: Procurement for items for resale are exempt from advertising and bidding requirements. |
| Note 2: Procurements >$100,000 must be approved by the PRC and reported to the Finance, Investment and Audit Committee, Procurements >=$200,000 require approval by the BPW. |
