The Uniform Guidance procurement standard in effect July 1, 2018 applies to the purchases of goods and services on federal grants and cooperative agreements. It contains particular requirements about sole source purchases, competitive bidding, advertising of requests for proposal, and analyzing proposals.
The Procurement Paw (above) is a visual representation of the policy created by the OMB. For additional explanation, please see the chart below.
Purchase Transaction Threshold |
Type of Competitive Action | |
---|---|---|
Micro Purchase | <$10,000 |
- Price must be reasonable |
Small Purchase |
≤$250,000 |
- Requires at least three (3) written bids |
Procurement by Sealed Bid | >$250,000 |
- Requires at least three (3) written bids |
Competitive Proposals | >$250,000 |
- Requires at least three (3) written bids |
Sole Source |
≥$10,000 |
- Item available only from single source |