What is the change to the RFQ process?
There are no major changes to this process. As is the current procedure, Departments will have to review the hard copies of the bid (formal bids require signatures of bidders). The dollar thresholds for RFQ’s are as follows: Informal – telephone or fax – $ 5k+ Formal – written bids – $25k+ The biggest change is that Departments will create RFQ document in SAP.
