Thursday, June 20, 2019

Small Dollar Purchase Limit Increase





Procurement & Supplier Diversity Services is happy to announce that as of July 1, the small dollar purchase limit has been raised to $100,000!


The Details:


Beginning July 1, 2019, purchases between $10,000 and $100,000 will require only:


Purchases over $100,000 will continue to require a formal procurement solicitation such as an RFP.




What does this mean? 



More purchase orders will be approved much faster, especially if issued to a contract vendor.



Let us know if you have questions -- we're happy to help!






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1 comment

  1. I really like the $100 Grand image. Who made it??

    ReplyDelete

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