by The CAPS Team
August 11, 2023
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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 Thresholds
Direct 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 $50,000
Informal solicitation process required - Request for Quote (RFQ)
• Was: Contract Value up to $25,001 to $150,000
• Revised: Contract Value up to $50,001 to $200,000
Formal solicitation process required - Request for Proposal (RFP)
• Was: Contract Value greater than $150,000
• Revised: Contract Value greater than $200,001. No upper limit.
* Uniform Guidance Solicitation Thresholds apply for Federally Funded Contracts. Currently, for Federally Funded procurements only, the threshold above which solicitations are required is $10,000.
Construction & Facilities Thresholds
Please consult the Construction & Facilities Team at contracting@pdx.edu
If you have any questions about the Revised Solicitation Thresholds, please do not hesitate to contact us.