FY24 Procurement Bid Thresholds
Effective July 1, 2023 the Competitive Bid Thresholds and Consulting approvals are changing as shown in the table below. 7/1/2023 Competitive Bid Thresholds Entity 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