New Purchasing Thresholds Announced


Effective Sept. 1, 2019, Purchasing threshold amounts have been revised as follows:

  • $10,000.01-$100,000: Purchases require the submission of at least two (2) comparable specification quotes to Purchasing with the purchase requisition. The lowest quote will be used unless written documentation is provided that justifies why a higher quote is the best method that meets the needs of the University.
  • $100,000.01 or higher: Purchases must be made through the formal solicitation process and be competitively bid, unless the purchase has been documented to be a sole source or the quote is obtained from a state contract or other cooperative contract/agreement.

For more information or additional guidance, refer to the Purchasing Policies and Procedures website or contact Purchasing at or (573) 651-2202.