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!



1 comment:

Anonymous said...

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