Purchasing: Difference between revisions

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Except as otherwise provided in the Purchasing policy, most purchases committing the University to an expenditure of $150,000 or more require competitive bids. Where competitive bids are called for, a minimum of fifteen (15) days shall elapse between the time bids are advertised or sent and the time of their due date. In the event that the commitment exceeds $250,000, a written report is sent to the Board of Regents. Commitments greater than $400,000 must be approved by the Board of Regents prior to the issuance of a purchase order.  
Except as otherwise provided in the Purchasing policy, most purchases committing the University to an expenditure of $150,000 or more require competitive bids. Where competitive bids are called for, a minimum of fifteen (15) days shall elapse between the time bids are advertised or sent and the time of their due date. In the event that the commitment exceeds $250,000, a written report is sent to the Board of Regents. Commitments greater than $400,000 must be approved by the Board of Regents prior to the issuance of a purchase order.  


All purchases over $150,000 must be coordinated through the [http://info.unmc.edu/procurement/procurement/ UNMC Procurement Office]."
All purchases over $150,000 must be coordinated through the [http://info.unmc.edu/procurement/procurement/ UNMC Procurement Office].
===Procurement using Federal Funds ===
===Procurement using Federal Funds ===
UNMC will comply with [https://www.ecfr.gov/cgi-bin/text-idx?SID=0d3801e083204d6d1c56e6b465e95e09&mc=true&node=pt2.1.200&rgn=div5#se2.1.200_1317 Uniform Guidance Procurement Standards 2 CFR §200.317-326] applicable to Federal Funds. See UNMC Policy No. 6100, [[Sponsored Programs Costing]], for more information about Uniform Guidance.
UNMC will comply with [https://www.ecfr.gov/cgi-bin/text-idx?SID=0d3801e083204d6d1c56e6b465e95e09&mc=true&node=pt2.1.200&rgn=div5#se2.1.200_1317 Uniform Guidance Procurement Standards 2 CFR §200.317-326] applicable to Federal Funds. See UNMC Policy No. 6100, [[Sponsored Programs Costing]], for more information about Uniform Guidance.

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