PO Report for FY2019 - Effects of Possible Threshold Changes (rev 07-28-2020).xlsx

The document provides information on the FY2019 Purchase Order (PO) Report, detailing the current thresholds for different types of POs and proposed increases to these thresholds under different options. It also includes a comparison between contract and non-contract POs, as well as a report on semi-formal versus formal solicitations. The proposed threshold changes aim to adjust the limits for pCard, informal, semi-formal, and formal POs. Additionally, it mentions the rationale behind issuing semi-formal solicitations below the required threshold as a goodwill gesture to save time and effort in obtaining informal quotes.