Common use of PROCUREMENT BY SMALL PURCHASE PROCEDURES Clause in Contracts

PROCUREMENT BY SMALL PURCHASE PROCEDURES. For procurement of services, supplies, or other property with an aggregate cost under $150,0003, written price or rate quotations shall be obtained from at least two qualified sources. The aggregate sum of all items being purchased is considered one purchase. Purchases equal to or under $3,000- Purchases which do not involve the expenditure of more than $3,000, exclusive of freight or shipping charges, may be made without advertising or otherwise requesting competitive quotes; provided, however, that nothing contained in this paragraph shall be construed to prohibit any agency or governing authority from establishing procedures which require competitive quotes on purchases under $3,000.