Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

When is the governing body required to obtain quotes for purchases?

body obtain purchases quotes
0
0 Posted

When is the governing body required to obtain quotes for purchases?

0
0

If the cost of the goods or services is at least 15 percent of the bid threshold but less than the bid threshold ($2,625 up to $17,500), then you are required to obtain a minimum of two competitive price quotes, if practicable. The award of contract is given to the vendor whose quote is deemed most advantageous to the local contracting unit, price and other factors considered.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123