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Bid Process > Dollar Thresholds

Bid thresholds are established by the University's Board of Trustees. Bids are obtained from two or more suppliers when the estimated value of the purchase is $25,000 or more for goods or $50,000 or more for services, unless the item can be obtained under existing contracts.

The Purchasing Department may competitively bid any request, regardless of the dollar amount, when it best serves the University.