Bid Limits

• Purchases of less than $5,000 can be handled by the department through:
  • Procurement Card
  • Invoice from Vendor
  • Petty Cash

   

• Purchases between $5,000 and $25,000:
  • Must be processed through Purchasing using the IRIS requisition process
  • A minimum of three (3) bids must be solicited by the Purchasing Department

   

• Purchases of $25,000 and higher:
  • Must be processed through Purchasing using the IRIS requisition process
  • Formal sealed bids through Purchasing is required
  • A minimum of fifteen (15) bids must be solicited by the Purchasing Department

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