$50,000-$100,000* | Greater Than $100,000* |
Three (3) informal competitive bids or proposals are required. No formal advertising is required. | Three (3) formal competitive bids or proposals are required. Advertising for two (2) weeks required. |
*Less than $250,000, competition not required as long as there are price quotations from two or more certified small businesses or two or more DVBE's as referenced in Government Code Section 14838.5.
$50,000-$100,000* | Greater Than $100,000* |
Three (3) informal competitive bids or proposals are required. No formal advertising is required. | Three (3) formal competitive bids or proposals are required. Advertising for two (2) weeks required. |
*Less than $250,000, competition not required as long as there are price quotations from two or more certified small businesses or two or more DVBE's as referenced in Government Code Section 14838.5.
Although competition is not required for goods and services on transactions of an amount less than $50,000, per CSU PolicyStat 12978926, the campus has an obligation to determine if competition is necessary to develop sources, validate prices, or for other sound business reasons intended to establish fair and reasonable standards.
When deemed necessary, the attainment of the standard of "fair and reasonable" may be determined by techniques including, but not limited to, one of the following:
