Simplification of purchasing processes and thresholds
The University's Procurement Procedures have been updated, see below summary of changes.
Procurement Thresholds
For the purchase of goods or services, where no Preferred Supplier/s exist.
Increased threshold from $20,000 to $50,000
- Staff can negotiate directly with suppliers with a minimum of one (1) quote up to $50,000.
Purchases between $50,000 and $200,000 - Simple Sourcing Process
- Engage with Strategic Procurement to request a minimum of three (3) quotes.
- Requestor to evaluate quotes and coordinate the award of the tender.
The above changes provide flexibility and a more efficient process when procuring low value – low risk purchases.
Procurement Principles
- The Responsible Procurement principle has been updated to reflect the University's commitment to ethical sourcing and sustainable procurement practices.