Purchasing Dollar Thresholds

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There are specific dollar thresholds and requirements for purchases with state, Research Foundation (RF) and UB Foundation (UBF) funds for transactions using eProcurement, Procurement Card (PCard) and requisitions submitted through the eRequisition system (eReq) or ShopBlue.

Definition of Reasonableness of Price

There are multiple ways to determine if the price is reasonable. Typically, two or three of the ways listed below should be used:

  • The vendor’s published price list and documented discount
  • Prior invoices from this vendor to other consumers
  • Invoices or cost sheet from prior state contracts
  • Comparisons to other vendors' prices for similar products/services
  • Comparison to similar purchases by other campuses
  • Price or cost analysis
  • Historical cost or price comparison

For eProcurement Online Catalogs

Mobile Users: Swipe to scroll table

Dollar Amount

State

RF

UBF

0—$4,999
  • Per transaction limit is $4,999.  Orders over limit use eReq process
  • Transaction must be appropriate to grant or account
  • Participating Suppliers:  VWR, UPS, Fisher Scientific, and Proftech/Staples Advantage
  • Per transaction limit is $4,999.  Orders over limit use eReq process
  • Transaction must be appropriate to grant or account
  • Participating Suppliers:  VWR, UPS, and Fisher Scientific, Staples Advantage
  • Per transaction limit is $4,999.  Orders over limit use eReq process
  • Transaction must be appropriate to grant or account
  • Participating Suppliers:  VWR, UPS, Fisher Scientific, and Proftech/Staples Advantage

For Procurement Cards

Mobile Users: Swipe to scroll table

Dollar Amount

State

RF

UBF

0—$2,500
  • Per transaction limit is $4,999; orders over limit use eReq process
  • Price must be reasonable
  • Transaction must be appropriate to grant or account
  • Tax-exempt
  • Per transaction limit $2,500. Orders over limit use eReq process
  • Price must be reasonable
  • Transaction must be appropriate to grant or account
  • Tax-exempt
  • Per transaction limit $2,500. Orders over limit use eReq process
  • Price must be reasonable
  • Transaction must be appropriate to grant or account
  • Tax-exempt
0—$4,999
  • Per transaction limit is $4,999; orders over limit use eReq process
  • Price must be reasonable
  • Transaction must be appropriate to grant or account
  • Tax-exempt 
N/A N/A

For Requisitions $0—$2,499

Mobile Users: Swipe to scroll table

Dollar Amount

State

RF

UBF

$0—$2,499

  • Price must be reasonable
  • Include quote or product specification
  • *Estimated order time: 3 to 5 business days

 

  • Price must be reasonable
  • Include quote or product specification
  • *Estimated order time: 3 to 5 business days

 

  • Price must be reasonable
  • Include quote or product specification
  • *Estimated order time: 3 to 5 business days

 

*These time frames assume that the vendors are currently in the supplier file. It may take up to two weeks to add new vendors. The Purchasing department has the final say in vendor selection.

For Requisitions $2,500—$4,999

Mobile Users: Swipe to scroll table

Dollar Amount

State

RF

UBF

$2,500—$4,999

  • Price must be reasonable
  • **Obtain a total of 2 quotes
  • *Estimated order time: 3 to 5 business days

 

  • Price must be reasonable
  • Include quote or product specification
  • *Estimated order time: 3 to 5 business days

 

  • Price must be reasonable
  • Include quote or product specification
  • *Estimated order time: 3 to 5 business days

 

** All sole/single source procurements require written justification. 

*These time frames assume that the vendors are currently in the supplier file. It may take up to two weeks to add new vendors. The Purchasing department has the final say in vendor selection.

For Requisitions $5,000—$9,999

Mobile Users: Swipe to scroll table

Dollar Amount

State

RF

UBF

$5,000—$9,999

  • Price must be reasonable
  • **Obtain a total of 2 or 3 quotes 
  • *Order time: 5 to 15 business days

 

  • Price must be reasonable
  • **Include quote or product specification
  • *Estimated order time: 3 to 5 business days

 

  • Price must be reasonable
  • **Include quote or product specification
  • *Estimated order time: 3 to 5 business days

** All sole/single source procurements require written justification. 

*These time frames assume that the vendors are currently in the supplier file. It may take up to two weeks to add new vendors. The Purchasing department has the final say in vendor selection.

For Requisitions $10,000—$49,999

Mobile Users: Swipe to scroll table

Dollar Amount

State

RF

UBF

$10,000—$49,999
  • Price must be reasonable
  • **Obtain a total of 2 or 3 quotes 
  • *Estimated order time: 5 to 15 business days
  • Price must be reasonable
  • **Obtain a total of 2 or 3 quotes
  • *Estimated order time: 5 to 15 business days

 

  • Price must be reasonable
  • **Obtain a total of 2 or 3 quotes
  • *Estimated order time: 5 to 15 business days

 

** All sole/single source procurements require written justification. 

*These time frames assume that the vendors are currently in the supplier file. It may take up to two weeks to add new vendors. The Purchasing department has the final say in vendor selection.

For Requisitions $50,000+ ***

Mobile Users: Swipe to scroll table

Dollar Amount

State

RF

UBF

$50,000+
  • Advertised in New York State Contract Reporter
  • **Minimum of 3 sealed bids solicited by Purchasing (only purchasing can perform bidding)
  • *Estimated order time: commodities up to 5-6 weeks; services 3-6 months
  • Price must be reasonable
  • **Obtain 3 written quotes
  • *Estimated order time: up to 3 weeks
  • Prince must be reasonable
  • **Obtain 3 written quotes
  • *Estimated order time: up to 3 weeks

*** State expenditures over $50,000 for services require OSC approval.

** All sole/single source procurements require written justification. 

*These time frames assume that the vendors are currently in the supplier file. It may take up to two weeks to add new vendors. The Purchasing department has the final say in vendor selection.

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