CO80000424_R2410320403_051452.pdf

The document outlines the procurement rules for small purchases in the Colorado Administrative Code. It specifies the process for purchasing goods, services, and construction projects within certain cost ranges using documented quotes. It explains that responses to solicitations do not constitute offers, except in the case of construction projects. The selection of vendors is based on the most advantageous response to the state, with price being a primary consideration. There are provisions for environmentally preferable products and services, including a preference for such products if they cost no more than five percent above the lowest bid. Requests for documented quotes must be placed on an Electronic Procurement System and remain posted for at least three working days. The purchasing official may negotiate with vendors to clarify or modify quotes, ensuring fairness and reasonableness of prices. Additionally, there are guidelines for reviewing services over $10,000, utilizing a Standing Order Process for projects under $150,000, and addressing bonding and retainage requirements.