Table 3. Exceptions to Competitive Procurement
Table 3. Exceptions to Competitive Procurement
Type of Procurement |
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Purchase Agreement for Goods with a total Cost of less than or equal to $9,999.99 per fiscal year |
Purchase Agreements for Services with a total Cost of less than or equal to $49,999.99 per fiscal year |
Software maintenance renewals when purchased from the manufacturer of the software |
Hardware maintenance renewals when purchased from the manufacturer of the hardware |
Renewals of Software as a Service (“SaaS”) or hosted applications services |
Library journals when purchased directly from the publisher |
Instances where UPST consolidates contracts from multiple campuses or departments into a single agreement |