Any purchase under the appropriate bid limit for that commodity is a small purchase.
Starting July 1, 2020 all small purchases over $20,000 will require 3 or more quotes submitted along with the requisition (including at least one quote from a certified diverse vendor).
Please note that the requirements for using federal grants that went into effect on July 1, 2018 still apply and that these new processes are in addition to those.
Multiple Quotes for Small Purchases Process:
There are no formal requirements for a justification statement to use a non-low vendor. An attached email or Word document containing the statement is sufficient to include with the requisition.
To learn more about diverse vendor certifications and ISU's supplier diversity program, see our Supplier Diversity page.