Consult Schedule 2 [1] [1]for the meaning of all words beginning with a capital letter.
In particular the contract value must be calculated per the definition of Total Value.
Total Value (excluding VAT) |
Competition procedure
(see Note 2) |
Responsibility |
---|---|---|
<£5,000 | Only the price from the Marketplace is required. | Head of Department (and notify Procurement Services about quotes/proposals - see Note 2) |
£5,000 - £100,000 |
Three quotes or proposals
|
|
>£100,000 |
Three proposals
|
Procurement Services |
1. Competition procedures are applicable unless a dispensation has been granted in accordance with Regulation 18.3. [2] Non-exhaustive examples of when a dispensation might be appropriate are:
2. There is no need for Quotes or Proposals for purchases made through the Marketplace or a Framework Contract.Quotes or Proposals from other suppliers should only be requested if better value can be found, and Procurement Services must be notified so that it can explore any price discrepancies and inclusion of the supplier on the Marketplace.