August 11, 2023
Effective July 13th, 2023, both Construction & Facilities and Goods & Services thresholds changed. The thresholds had not been changed for nine years, which caused an extreme decline in purchasing power, and few projects and/or purchases came in below the old thresholds. Goods & Services ThresholdsDirect Procurement No solicitation process required, but a PSU Contract is/may be required• Was: Contract Value up to $25,000• Revised: Contract Value up to $50,000Informal solicitation process required - Request for Quote…