Basically, everything above $100 which is the limit to petty cash
reimbursements.  Everything above that requires a PO and the limits gets
more stringent.  For example: $4500 and below requires no competing bids;
$4501 to $25000 requires three quotes in writing; over $25000 (that limit is
about to rise) requires a full RFP with publication in local newspapers and
a formal bidding process--very lengthy; we are a State institution.  Joe

-----Original Message-----
From: Research Administration List [mailto:xxxxxx@hrinet.org] On Behalf Of
Lori Hulak
Sent: Monday, May 12, 2008 9:41 AM
To: xxxxxx@hrinet.org
Subject: [RESADM-L] threshold for PO's

What is your institutional threshold for requiring a PO to purchase an item?
Please feel free to respond to the group or directly to me at
xxxxxx@jchs.edu.

Thanks,
Lori

Lori B. Hulak, BA, CRA
Specialist, Grant Writer
Jefferson College of Health Sciences
920 S. Jefferson Street
Roanoke, VA 24031-3186
Phone (540) 985-8206
xxxxxx@jchs.edu

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