TTUHSC Bid Limits
No Bid Required: $0 - $50,000
- Use of vendor of choice, unless otherwise directed by Purchasing
- Departments are encouraged to use contract vendors to practice good faith to award based on best value.
Informal Bid Process: $50,000.01 - $100,000
- Three (3) responsive written quotes with a minimum of two (2) Veteran Heroes United in Business (VetHUB), a program focused exclusively on small businesses owned and operated by veterans with a 20-percent or higher service-connected disability. VetHUB businesses can be found at Centralized Master Bidders List (CMBL).
- Completion of the Proprietary Purchase Justification Form and attached to the requisition. This is reviewed by Purchasing.
- Note: Approval is not guaranteed.
- Departments are encouraged to practice good faith and award based on best value.
Formal Bid Process: $100,000.01 and higher
- The formal solicitation process is completed by the Procurement Department.
- Department assistance is required.
- All formal solicitations are posted on the Electronic State Business Daily (ESBD) by Purchasing.
Rules to be Followed for All University Purchases:
- More than $15,000, a SAM Federal System for Award Management document to be attached by Purchasing.
- More than $100K requires a VetHUB Subcontracting Plan (HSP) to be attached to the requisition.
- More than $1 million for the full term of the contract requires Board of Regents approval.
- Only TTUHSC signature authority can sign procurement-related contracts and agreements, issue Purchase Orders, and conduct Formal Bids.
For more information, contact Purchasing at purchasing@ttuhsc.edu.
Contact
Finance Systems Management
-
Address:
3601 4th Street STOP 6209 | Lubbock, Texas 79430-6209 -
Email:
fsm@ttuhsc.edu
