FY24 Procurement Bid Thresholds
Effective July 1, 2023 the Competitive Bid Thresholds and Consulting approvals are changing as shown in the table below.
Current Thresholds | Thresholds Effective 7/1/23 | |
Goods | $25,000 | $75,000 |
Services | $50,000 | $75,000 |
Consulting – B&F Approval (workflow through Workday) | $50,000 | $75,000 |
Consulting – Cabinet Approval | $50,000 | $250,000 |