14.04 / Planning Major Purchases
To ensure that regularly recurring or seasonal requirements are ordered
on time, departments are encouraged to develop procurement planning
calendars
and share their procurement plans with the Office of Purchasing.
Procurement personnel will be made available to assist if needed.
When contemplating a purchase of complex nature, contact the
appropriate
procurement officer in advance of submitting a purchase requisition to
develop a procurement plan.
Most purchases of $5,000 or more will be classified as a capital
expenditure
and will require a 400 series account. When major purchases of
capital equipment require a service maintenance
agreement, the source of funds for the service maintenance agreement
must
be established at the time of purchase.
Revision Date:
August 1, 2009
