Use of Other Recognized Sources as Basis of Award
FIN-PUR-5.2
Note: In 2019, university policies related to university purchases (formerly FIN-PUR-01 through FIN-PUR-35) were updated and consolidated into FIN-PURCH-01 through FIN-PURCH-14. The History section of this policy contains complete information on where the topics covered by each FIN-PUR policy can be found in FIN-PURCH. A few FIN-PUR policies have been rescinded or converted into Standard Operating Procedures, and the History section contains that information as well.
About This Policy
- Effective Date:
- 02-18-1992
See current policy
- Date of Last Review/Update:
- 07-26-2016
- Responsible University Office:
- Procurement Services
- Responsible University Administrator:
Vice President and Chief Financial Officer
- Policy Contact:
- Jill Schunk
Associate VP, Office of Procurement Services
jschunk@iu.edu
- Policy Feedback:
- If you have comments or questions about this policy, let us know with the policy feedback form.
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.
Reason for Policy
Recognizing state and federal price agreements as documented justification for institutional purchases.
Procedures
In instances where it is advantageous, developed contracts will be utilized and considered justification for awarding orders.
- State QPA Agreements
- Federal GSA Agreements
- Cooperative Contracts (E&I, University Hospitals, State Schools, CICPC, etc.)
- Institutional Contracts (Computers, Dealer Contracts, etc.)
Please note: This is an archived version of the policy. View the current version.