This is along the lines of what Victoria Collin with the OMB said in a presentation on procurement standards back in 2015, though as always, institutional policies may require more documentation for quotes/price inquiries. The presentation is viewable here (video titled "Procurement Standards"): https://www.ecivis.com/omb-training-videos.html

Nicole Whetstine
Associate Director
Financial Research Administration Compliance
Office of Sponsored Research Administration
Embry-Riddle Aeronautical University
(386) 226-6451
xxxxxx@erau.edu

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