Simplification of purchasing processes and thresholds
The ×îÐÂÌÇÐÄVlog's Procurement Procedures have been updated, see below summary of changes.Â
Procurement Thresholds
For the purchase of goods or services, where no Preferred Supplier/s exist.
Increased threshold from $20,000 to $50,000
- Staff can negotiate directly with suppliers with a minimum of one (1) quote up to $50,000.
Purchases between $50,000 and $200,000 - Simple Sourcing Process
- Engage with Strategic Procurement to request a minimum of three (3) quotes.
- Requestor to evaluate quotes and coordinate the award of the tender.
The above changes provide flexibility and a more efficient process when procuring low value – low risk purchases. Â
Procurement Principles
- The Responsible Procurement principle has been updated to reflect the ×îÐÂÌÇÐÄVlog's commitment to ethical sourcing and sustainable procurement practices.