Broader Public Sector Procurement Directive (BPS) – Updates as of Jan 1, 2024
The BPS thresholds have been updated, the value requiring a competitive process which will be increased from $100K to $120K. Below $120K our internal policy guides the requirements for the number of quotes which must accompany any purchase requisition.|
Goods and services including construction and consulting services*
| Current Thresholds | Thresholds as of Jan 1, 2024 | ||
| 1 quote | $0 to 10K | 1 quote | $0 to $25K |
| 2 quotes | $10K to $25K | 2 quotes | $25K to $75K |
| 3 quotes | $25K to $100K | 3 quotes | $75K to $120K |
*Single source procurement requirements have not changed
If you have questions about these changes, pleae contact Purchasing Services at the following email:
purchasing.helpdesk@uoguelph.ca [1]