XI. Procurement and Contract Management

Guide to Financial Operations

Overview

XI. Procurement and Contract Management
Guide to Financial Operations

Quick Contracting is intended to significantly lessen the time it takes for the Office of the State Comptroller (OSC) to audit and approve competitive procurements, where adequate competition was obtained and an award was made to the low bidder.

Commodity, Printing, Miscellaneous Services1 and Equipment procurements that use an Invitation for Bid (IFB) are eligible for the Quick Contracting program if they meet the prescribed criteria. Section 6.A - Quick Contracting–Commodity, Printing, Miscellaneous Services and Equipment of this Chapter, provides information related to the quick procurement process for submission of those types of quick contracts to OSC for approval.

In addition, Section 6.B - Quick Contracting–Construction of this Chapter provides specific guidance on the Quick procurement process for Construction contracts.


1Agencies are reminded that, pursuant to the Procurement Stewardship Act, all purchases of technology are defined as a procurement of services, and that, for the purposes of Quick Contracting, Best Value is defined as an award to the low bidder based solely on price.

Guide to Financial Operations

REV. 06/24/2015