{"id":12005,"date":"2024-01-03T11:44:13","date_gmt":"2024-01-03T16:44:13","guid":{"rendered":"https:\/\/www.yorku.ca\/procurement\/?page_id=12005"},"modified":"2024-05-08T15:22:44","modified_gmt":"2024-05-08T19:22:44","slug":"purchases-25k-to-50k","status":"publish","type":"page","link":"https:\/\/www.yorku.ca\/procurement\/purchase-goods-and-services\/purchases-25k-to-50k\/","title":{"rendered":"Purchase Goods and Services valued between $25K and $50K"},"content":{"rendered":"\n

Purchases between $25K and $50K require a greater level of scrutiny to ensure that the University obtains fair market value. To purchase goods valued between $25K and $50K follow the steps below.<\/strong><\/p>\n\n\n\n

Tip: check if you can purchase from a Vendor of Record<\/a>. You may be able to access better pricing and terms, and will be exempt from the requirement to solicit three quotes<\/em>. Please be advised that purchases from Vendors of Record are exempt from BOBIA regulations.

As of March 11, 2024, all new purchasing requisitions will need to be submitted through Sm@rtBuy<\/a>, as paper\/PDF requests emailed to purchase@yorku.ca<\/a> will no longer be accepted. More information on the Purchase Requisition to Purchase Order process can be found here<\/a>.<\/p>\n\n\n\n

<\/div>\n\n\n\n

1. TYPE OF PURCHASE<\/h2>\n\n\n