C. Requisitions that total $10,000 or more must be processed by bid. A bid request is submitted to at least three (3) vendors, or to the number on the bid list. Requisitions that total $50,000 or more must be processed by written bid. If possible, fifteen vendors will be sent bids. Bidders will have 14 working days to respond. After 14 working days, all bids that have been received will be opened, logged, and returned to the requesting staff for review. When the bid package is returned to the Purchasing Office with a recommendation, the bid will be reviewed by the Vice President of Business and Finance and, if appropriate, a purchase order will be issued.
NOTE: A bid is not required if purchasing from a State or TBR Contract.