Number: 3.61
Title: Bids and Quotations
Effective date: May 2002
Re-approved: June 2014
Supersedes: 3.61
Dated: March 1990
Competitive bids must be solicited for purchases over 2,500 €.
Written competitive bids must be solicited for purchases over 7,500 €.
Local purchases are to be preferred. Any foreign purchases need separate justification.
Approval for Capital Expenditures is outlined under 3.24, Capital Budget.