Indiana University Seal

Use of Other Recognized Sources as Basis of Award FIN-PUR-5.2

Scope

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Policy Statement

Within reason, as determined by the purchasing agent, all known, interested, and qualified vendors for a given product or service shall be provided an opportunity to offer quotations.

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Reason for Policy

Recognizing state and federal price agreements as documented justification for institutional purchases.

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Procedures

In instances where it is advantageous, developed contracts will be utilized and considered justification for awarding orders.

  1. State QPA Agreements
  2. Federal GSA Agreements
  3. Cooperative Contracts (E&I, University Hospitals, State Schools, CICPC, etc.)
  4. Institutional Contracts (Computers, Dealer Contracts, etc.)

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History

This policy was established on February 18, 1992.

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