Discretionary Purchase (Or Not) (BSE 106)
This session provides participants with an understanding of discretionary purchasing, including an overview of the relevant rules and regulations. Participants will gain an understanding of when it is appropriate to use discretionary purchasing as well as the steps involved in this procurement strategy, including advertising requirements. The instructor will cover exceptions to the discretionary purchasing limits including minority and women-owned business enterprises (MWBEs), recycled and remanufactured products, and preferred sources. Numerous practical examples are provided to illustrate the difference between discretionary purchases and purchases requiring a contract. Participants will learn the specific requirements related to discretionary purchasing, methods to address these requirements, how to get the best value from discretionary purchases, and how to avoid common pitfalls associated with these purchases. Finance office or program staff that currently work on procurements or supervise staff that work on procurements would benefit from this class.
Recommended Prerequisite: Experience in procurement