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The Procurement Buzz

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The end of the fiscal year is quickly approaching.  Over the next few weeks, the Office of Procurement will bring to the College community tips to help make the year-end close out process as efficient as possible.  A strategic roll-out of the new online requisitioning process began early this year.  To kick-off this series, we’ve put together a step-by-step video tutorial. Each tip will also be posted on the Office of Procurement website for quick reference

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A step-by-step tutorial for online requisition approval process 

The step-by-step video tutorial has been created at the link below to assist account managers with the online requisition approval process using self-service Banner SSB).


https://www.youtube.com/watch?v=QRz5yI_88k0


 

 

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REMEMBER PURCHASING THRESHOLDS




* Less than $2,500: Does not require competition (three vendor quotes). Purchase can be made to any qualifying company. 

* $2,501 to $9,999: Three written quotes are required, or an approved Sole Source Justification.

* $10,000 and above: The issuance of a Request for Bid or Request for Proposal is required, which shall be made available to vendor community for a minimum of 14 days.



   We’re here to help!  Contact us with any additional questions at 240-567-5292.





Montgomery College

Montgomery County, MD

240-567-5000

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