The Procurement Policy was updated as of January 1, 2024, and contains important changes. In alignment with incoming updates to the , 杏吧原创 has implemented changes to the current Total Procurement Value thresholds, as follows:听
| Procurement Type | Threshold | Current Total Procurement Value | Total Procurement Value as of January 1, 2024 |
| Non-Competitive
Excludes Consulting Services |
1 Quote Threshold | $0.00 – $10,000.00 | $0.00 –听$25,000.00 |
| Invitational Competitive | 2 Quote Threshold | $10,000.01 – $50,000.00 | $25,000.01 – $75,000.00
$0.00 – $75,000.00 for Consulting Services |
| 3 Quote Threshold | $50,000.01 – $99,999.99 | $75,000.01 – $121,199.99 | |
| Open Competitive | – | $100,000.00+ | $121,200.00+ |
This change has several implications to operations, including:听
- Cheque Requisitions may be used for engagements where the Total Procurement Value is up to $25,000.00 starting on January 1.听
- The following related policies will not be changed.听
- As per the Signing Authorities policy, Purchase Contracts in which the Total Procurement Value is $100,000.00 or more require proper signatories and risk evaluation.听
- Procurement Card (PCard) limits will not be increased.听
- eCard limits will not be increased.听
听Questions? Email us at ProcurementServices@carleton.ca.