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What does the USFR require for competitive purchasing below the sealed bid threshold?

April 26, 2017bid competitive purchasing require sealed threshold usfr

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What does the USFR require for competitive purchasing below the sealed bid threshold?

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Districts should obtain at least three oral price quotations for purchases costing between $5,000 and $15,000, and at least three written price quotations for purchases costing between $15,000 and the sealed bid threshold. Refer to USFR pages VI-G-8 and 9 for detailed requirements.