Notice: Changes to UA procurement dollar thresholds
by Michelle Saport |
Effective immediately, due to a change in state legislation, all procurement dollar thresholds for UAA expenditures have been increased as follows:
- The level under which competition is not required is raised from $5,000 to $10,000.
- The level under which competition is not required for professional services is raised from $50,000 to $100,000.
- The level under which competition is not required for hotel, conference, convention or catering services is raised from $50,000 to $100,000.
- The level over which formal competition (IFB's/RFP's) is required for goods and services is raised from $50,000 to $100,000.
Please note that the per transaction limit for ProCards, Limited Purchase Orders and Blanket Purchase Orders remains at $5,000 to remain consistent with UA policy on controlled property.
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