Procurement and Tender Procedures and Reports
Southampton Solent University’s Procurement and Tender Procedures provide pricing guidelines for the University.
Procurement, Tender procedures and reports for Southampton Solent University
Goods, works, or services should be purchased ensuring value for money, at the right price, right specification and right time, whilst complying with European Union procurement guidelines.
Pricing guidelines are as follows:
Purchase of works, goods or services up to £5,000 (including VAT) [£20,000 for contracted building work] should be made from approved Southampton Solent University suppliers. No formal documentation is required.
Purchases of works, goods or services of between £5,000 [£20,000 for contracted building work] and £20,000 [£50,000 for contracted building work] (including VAT) and evidenced by at least three written quotations.
Purchases of works, goods or services over £20,000 [£50,000 for building work] (including VAT) will be subject to a formal tender exercise.
Purchase of works, goods or services over £156,000 [£3.8m for building work] will be subject to an OJEU procurement exercise.
Procurement (Nov 2011)