Procurement Procedure Relative to Value
- Approver:
- Academic Coordinating Committee
- Policy Owner:
- President, ÌÇÐÄvlog¾«Æ·
- Policy Lead(s):
- Chief Financial Officer
- Defining policy:
- Effective date:
- 2024-04-05
- Date of last approval:
- 2020-11-18
- Status:
- Approved
Elaboration
Based on the total value, all procurement for approved budgeted goods, services, and consulting shall be conducted in a manner that meets the requirements specified below:
Goods and Services
​Authorization Limit | ​A±è±è°ù´Ç±¹²¹±ô | ​Purchasing Process | ​Purchasing Method |
| ​Up to $5,000 | ​All staff (with requisite approvals) | ​1 quote required | ​Commercial Card (P-card), Expense Form or Cheque Requisition |
| ​​Up to $25,000 | ​Managers, Associate Deans, Associate Directors | ​1 written quote required, 3 quotes if possible | ​Purchase order |
| ​​Up to $121,200 | ​Dean, Director or Chair | ​3 quotes required, Open Competitive Procurement if possible | ​Purchase order and contract |
| ​​Up to $250,000 | ​Executive Dean or VP of the Area | ​Open Competitive Procurement required | ​Purchase order and contract |
| ​​Up to $1,000,000 | Vice President Human Resources, Corporate Services & Secretary General to the Board of Governors | ​Open Competitive Procurement required | ​Purchase order and contract |
| ​​Up to $2,000,000 | ​P°ù±ð²õ¾±»å±ð²Ô³Ù | ​Open Competitive Procurement required | ​Purchase order and contract |
| ​​Up to $2,000,000 | ​Board of Governors | ​Open Competitive Procurement required | ​Purchase order and contract |
Consulting
​​Authorization Limit | ​​A±è±è°ù´Ç±¹²¹±ô | ​​Purchasing Process | ​Purchasing Method |
| ​​​Up to $25,000 | ​Dean or Director | ​Minimum 3 quotes required | ​Purchase order |
| ​​​Up to $121,200 | ​VP of the Area | ​Minimum 3 quotes required | ​​Purchase order and contract |
| ​Up to $1,000,000 | ​Vice President Human Resources, Corporate Services & Secretary General to the Board of Governors | ​Open Competitive Procurement required | ​​Purchase order and contract |
| ​Up to $2,000,000 | ​​P°ù±ð²õ¾±»å±ð²Ô³Ù | ​Open Competitive Procurement required | ​​Purchase order and contract |
| ​Up to $2,000,000 | ​Board of Governors | ​Open Competitive Procurement required | ​​Purchase order and contract |
Revision Log
‸¾²¹³Ù±ð | ‸¾±ð³Ù²¹¾±±ô²õ |
| ​2020-11-18 | ​Academic Coordinating Committee |
| ​2024-04-05 | ​Academic Coordinating Committee |