competitive range, not to exceed five percent (5%) higher than the lowest responsive price offer) for a product or service. The record shall include an objective statement explaining the basis for the decision. It is important that the person obtaining the quotes set a deadline by which all written quotes must be received or the process may not have closure. This also ensures that the vendors have an equal opportunity to participate. Audits. All transactions made under the Delegated Small Purchase Authority are subject to audit by the Bureau of Audits and the Division of Purchases. Audits concentrate on documentation of competitive solicitations and whether Departments and Agencies artificially divide purchases. As always, Departments and Agencies are cautioned not to artificially divide orders for similar purchases which would result in exceeding the applicable $5,000/$10,000 limit. Please attach vendor quotes and list the vendor names and the date/amount of their quotes. QUOTE VENDOR NAME QUOTE AMOUNT DATE Check here if MBE/WBE: not available: (if different from Local □ Vendor) Check here if Local Vendor: not available: (if different from □ MBE/WBE) Check here if MBE/WBE & not available: Local Vendor: □ (if the same) 1st Vendor: (only if MBE/WBE and Local Vendor are both not available - skip this if either MBE/WBE or Local Vendor is available) 2nd Vendor: (only if MBE/WBE and Local Vendor are the same, or if either MBE/WBE or Local Vendor are not available - skip this only if MBE/WBE is different from Local Vendor)
competitive range, not to exceed five percent (5%) higher than the lowest responsive price offer) for a product or service. The record shall include an objective statement explaining the basis for the decision. It is important that the person obtaining the quotes set a deadline by which all written quotes must be received or the process may not have closure. This also ensures that the vendors have an equal opportunity to participate. Audits. All transactions made under the Delegated Small Purchase Authority are subject to audit by the Bureau of Audits and the Division of Purchases. Audits concentrate on documentation of competitive solicitations and whether Departments and Agencies artificially divide purchases. As always, Departments and Agencies are cautioned not to artificially divide orders for similar purchases which would result in exceeding the applicable $5,000/$10,000 limit. Please attach vendor quotes and list the vendor names and the date/amount of their quotes. VENDOR NAME QUOTE DATE QUOTE AMOUNT MBE/WBE: (if different from Local Vendor) Check here if not available: □ Local Vendor: (if different from MBE/WBE) Check here if not available: □ MBE/WBE & Local Vendor: (if the same) Check here if not available: □ 1st Vendor: (only if MBE/WBE and Local Vendor are both not available - skip this if either MBE/WBE or Local Vendor is available) 2nd Vendor: (only if MBE/WBE and Local Vendor are the same, or if either MBE/WBE or Local Vendor are not available - skip this only if MBE/WBE is different from Local Vendor)