Indiana University Institutional Policy - Single Source Orders
SUBJECT: Single Source Orders
SOURCE: University Purchasing Department
POLICY NO: P - 5.6
DATE ISSUED: February 18, 1992
RATIONALE:
In certain instances competitive pricing may not be available or appropriate.
POLICY:
Orders placed with single sourced pricing should be documented to indicate reasonableness of offer.
DEFINITIONS:
PROCEDURE REFERENCE:
Sole source orders over $25,000 must be presented to the Board of Trustees. Sole source orders over $5,000 must be documented.
CROSS REFERENCE:
RESPONSIBLE ORGANIZATION:
University Purchasing Department