Procurement Standards
The Uniform Guidance rules for how recipients buy goods and services with federal funds: competition and documentation.
When recipients purchase goods or services under a federal award, they must follow procurement standards designed to ensure fair competition: documented price comparisons above set thresholds, no conflicts of interest, and no artificial splitting of purchases to dodge a threshold.
The micro-purchase and simplified-acquisition thresholds set how much process a given purchase needs, and institutions maintain written procurement policies to match.
Sole-source buys or split purchases that dodge competition are classic audit findings.
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