Please be advised that the following policy is now in place - this pertains to all procurements regardless of how they are made (i.e. via purchase order, campus contract, or Pcard).
"For purchases above $2,500.00 written documentation should be maintained by the campus to support both the selection of the vendor and the reasonableess of the price."
The simplest, most effective method to document reasonableness of price is to obtain 3 competitive quotes for the item or service you wish to purchase. This does not require that you utilize the cheapest vendor, provided you document a compelling reason not to.
This documentation must accompany your Jaggaer requisition.
Thank you for your efforts in implementing this requirement.