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What is the procedure to purchase items between $17,500 and $25,000 if the contracting unit has opted for the bid threshold of $25,000?

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What is the procedure to purchase items between $17,500 and $25,000 if the contracting unit has opted for the bid threshold of $25,000?

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The 15 percent rule applies. If the goods or services can be purchased for less than $3,750 (15 percent of $25,000) use sound business judgment. If the goods or services cost more than $3,750, the local contracting unit must receive at least two (2) competitive quotes, if practicable.

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