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Texas Woman’s University

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Presentation on theme: "Texas Woman’s University"— Presentation transcript:

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


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