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Procurement - Micro Purchases
Micro Purchases (<$10,000 per transaction)
- A micro-purchase is defined as a purchase where the aggregate dollar value does not exceed $10,000 (per purchase).
- To meet the requirement for competition, purchases must be distributed equally among qualified suppliers with reasonable prices (to the extent practicable).
- Purchase prices of goods must be reasonable, and receipts must be kept to document purchases made.