Section 550.320  Small Purchase – Procurement Method

a)         If the aggregate amount involved in any one procurement transaction does not exceed $10,000 including all estimated handling and freight charges overhead, and profit, the Agency may use the small purchase procedures of this Section.  Any procurement transaction which may exceed $5,000 shall comply with the requirements of Subpart B.

b)         The Agency shall not divide a  procurement into smaller parts to avoid the dollar limitations for competitive procurement.

c)         The Agency shall obtain price or rate quotations from two or more qualified sources.