Common use of COMPETITIVE BIDDING AND PROCUREMENTS Clause in Contracts

COMPETITIVE BIDDING AND PROCUREMENTS. A. Contractor shall comply with applicable laws and regulations regarding securing competitive bids and undertaking negotiations in Contractor's Agreements with other entities for acquisition of goods and services with funds provided by the State or Federal under this Agreement. A minimum of two competitive quotations is required for any purchase order or subcontract for services over $2,500, and should be submitted to the DOR contract administrator or adequate justification provided for the absence of bidding.

COMPETITIVE BIDDING AND PROCUREMENTS. A. Contractor shall comply with applicable laws and regulations regarding securing competitive bids and undertaking negotiations in Contractor's Agreements with other entities for acquisition of goods and services with funds provided by the State or Federal under this Agreement. A minimum of two competitive quotations is required for any purchase order or subcontract for services over $2,500, 2,500 and should be submitted to the DOR contract administrator or adequate justification provided for the absence of bidding.