1. Texas Woman’s University
Purchasing thresholds and Cooperative Purchasing
September 30, 2016

2. Purchases up to $10,000
Approved quotes are required for furniture, IT and other special procurements
Most purchases under $10k quotes are not required however:
If you have one send it so we can cite it
The more documentation the better
Good for historical searches
You can get better pricing

3. Purchases $10, $30,000
Departments must attempt to solicit at least three (3) informal bids s
Estimates
Telephone quotes
2 must be from a HUB vendor
If any are "No Bid", you must obtain a 4th bid from any vendor
The bids are entered at the distribution level of line one of the requisition. Information required for input - Company name, FID or Social Security Number, total bid amount, contact name and telephone number (or ) of the person giving the quote and HUB Ethnicity and Gender.

4. Purchases $30,000+ Must be competitively bid
IFB (Invitation for Bid) or RFP (Request for Proposal) must be issued
If purchasing personnel determines that the best value for the University purchased will be achieved on the open market, the competitive procurement procedures will be used
Please visit our website for the Formal Bid Process

5. Cooperative Purchasing
Texas Procurement and Support Services (TPASS) awards and manages hundreds of statewide contracts
Products and services offered have been established through open competition and meet state purchasing and competitive bid requirements
All State contracts have been competitively bid and do not require any additional procurement steps on behalf of the University

6. State Contracts

7. Federal Contracts

8. Cooperative Agency

9. Cooperative Agency

10. Questions