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Competitive Procurement

Competitive procurement is defined as a set of procedures for developing a procurement contract through a bidding (quotation) or proposal process. Competition is required to allow suppliers in the marketplace a fair and transparent opportunity to supply the University with the goods and services (including construction and consulting services) needed for business purposes.

At the University of Toronto, competitive procurement for goods and non-consulting services is a shared responsibility based on type, dollar threshold, documentation and authority as shown below:

INFORMAL INVITATIONAL OPEN
Threshold

• $5,000 – $24,999

• $24,999 – $99,999

• $100,000+

Documentation

• 2 verbal or written quotes

• 3 written quotes

• Request For Proposal

Authority

• Local Unit

• Local Unit

• Procurement Services

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