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Can a school district obtain oral or written price quotations to cover purchases for multiple years?

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Can a school district obtain oral or written price quotations to cover purchases for multiple years?

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Yes, districts may solicit multiple year price quotations. However, when determining the type of competitive purchasing required (i.e, oral quotations, written quotations, or competitive sealed bids/proposals), a district must consider the total expenditure that will be made over the multiple years using the quoted prices. For example, if a district wanted to obtain pricing for 3 years on an item, it could do so by written quotations if the total anticipated expenditures over the 3 years were expected to be less than the current competitive sealed bid threshold. If multiple year quotations are used, districts should document the time period that the pricing is valid; that the vendor will honor the pricing for that time period; and that while the district intends to purchase certain quantities, all purchases are subject to funds availability. Districts may contract for up to 5 years if monies are available for the first year at the time of contracting. 8. What must be documented if a sc

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