Why must requests for orders over $5,000 go out for bids?
The Regents of the University of Michigan established this policy. Goods and services valued over $5,000 must go out for bid to assure a fair and reasonable price in an open and competitive environment. The University Supplier or Contract Program offers offer equipment between $5,000-$25,000 that already have been through the competitive bid process. Click here for further details.
