State Purchasing Thresholds:

• Competitive bidding may be waived for minor, nonrecurring purchases up to a maximum of $25,000.
• Goods and services procurements estimated to exceed $25,000 up to a maximum of $100,000 shall be made in the open market, and be based on three competitive quotes. The Office of the Attorney General must approve contracts of $25,000+.
• Goods and services procurements estimated to exceed $100,000 over the life of the contract, must be advertised online on the State Contracting Portal for a minimum of five days. The Office of the Attorney General must approve contracts of $25,000+.
• Only the President or their designees may sign contract on behalf of the University.
• Board of Regents (BOR) Review Requirements:
  • Under the CSCU Contracting and Signatory Authority Policy, the University is required to submit certain contracts to the Board of Regents based on total contract value (included all terms and options):
    • $1,000,000–$2,500,000: Must be submitted to the BOR as information after full execution by the two properly delegated signatories.
    • Over $2,500,000: Must be submitted to the BOR for approval prior to execution.
• These thresholds apply to new contracts and amendments.
• Departments initiating contracts near or above these amounts must involve Procurement early in the process to ensure timely coordination with legal review, OAG approval (as applicable), and BOR deadlines

Vendor Awards:

• Vendors are evaluated based on factors such as price, quality, delivery capabilities, and compliance with CSCU standards. 
• Contracts are awarded to vendors that best meet the established criteria and offer optimal value. 

Bid Opportunities:

• Bookstore Operations Services for Southern Connecticut State University RFP No.26-SCSU-1