Purchasing policy revised

On March 15, University Policy 601.11, Purchasing Policy, was revised to reflect modifications to the Administrative Code for purchasing that changed the small dollar threshold, the informal competition threshold and the formal competition threshold, effective March 1, 2022. The revised policy now refers to these thresholds without precise dollar figures included, cites the source of the rules as the Administrative Code and points users to the Purchasing Manual for specific details, as they may change over time.