The above regulations assist in determining the competition requirements and the necessary policy information to successfully complete an acquisition. Typically, the Imprest Fund would be suitable for emergencies, perishable substances, utilities, and postal and transportation charges. Micropurchases These purchases may be made without securing competition under the Micropurchases procedures if the price is considered fair and reasonable. Quotations are normally accomplished via oral agreement. The requirement does not have to be reserved for small business.
Every effort is made to rotate vendors.
Transportation charges are obtained at the time of a quote and are included in the evaluation. Prompt payment discounts are also obtained, and encouraged, but not considered in the evaluation. Notices will be posted for a minimum of ten days and remain posted until all offers are opened. Companies may use the service telephone located outside the room to request copies of any quotation. If it has been determined by the Contracting Officer to obtain oral quotes, no posting is required.