Procurement_Planning.pdf
PDF 174 KB Posted
- Attached to
- 403(b) Record Keeper RFP
- Solicitation number
- FY2025-RFP-007
- Issued by
- Collin County, Texas
About this file
The document is a comprehensive Procurement Planning guideline detailing procurement processes for Collin College's purchasing procedures across different financial thresholds. The guidelines outline estimated business days to process orders ranging from under $10,000 to over $100,000, with specific requirements for quotes, cooperative contracts, and Board approvals. For purchases under $10,000, one current price is required and can be processed in 2 days, while purchases between $10,000 and $49,999 require three quotes and take 2-5 days to process.
The document provides critical notes for procurement considerations, including specific procedures for cooperative contracts over $100,000, sole source purchases, and Board meeting schedules. Key requirements include obtaining Board approval for purchases of $100,000 and over, submitting agenda items by the first business day of the month, and following specific timelines for formal solicitations, which must be advertised for at least two weeks. The guidelines emphasize flexibility in processing times based on complexity, evaluation requirements, and number of responses received, with some procurement processes potentially taking up to 120 days for complex purchases.
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Other files
| File | Type | Posted |
|---|---|---|
| 403(b)_Record_Keeper_RFP.pdf | ||
| Collin_College_Fund_Line-up_for_403b_10-2024.xlsx | XLSX spreadsheet | |
| Collin_College_Recordkeeper_RFP_Questionnaire_11-2024.docx | DOCX document | |
| Legal_Review_of_Contracts.docx | DOCX document | |
| Standard_Addendum_to_Agreement.docx | DOCX document | |
| Yearly_Purchasing_Training_December_2022.pptx | PPTX presentation | |
| Collin_College_Recordkeeper_RFP_Background_and_Plan_Data_11-2024.docx | DOCX document | |
| OpenGov_Procurement_Guide_-_Requester_04022024.pdf | ||
| Review_and_Signatory_Authority_01262024.pdf |
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Text version
Procurement Planner - Estimated
Business Days to Process an Order
Under $10,000 2 Days
$10,000 to $49,999 2-5 days
$50,000 to $99,999
5-90 Days
$100,000 & over up to 120 days
One current price is required
Purchases under a cooperative contract must include cooperative contract number on quote and quote must be attached to the requisition.
Three quotes required to be attached to requisition
Only one quote needed if purchased under an existing contract or a cooperative contract. Quote must reference the cooperative contract and include the contract number.
If under an existing contract or a cooperative contract, should take around 5 days
If not under an existing or a cooperative contract then formal solicitation is required.
Formal Solicitations must be advertised for at least 2 weeks.
If under an existing contract or a cooperative contract that has already been approved by the
Board, should take around 5 days.
If not under an existing or a cooperative contract then formal solicitation is required.
Board approval is required for purchases of $100,000 and over if not already approved.
Formal Solicitations must be advertised for at least 2 weeks.
Procurement Planning - In order to assist everyone in preparing items to be purchased that will require Board approval, the following estimated timel ine for submission has been developed as a guideline. All timelines are estimated and may be longer depending on complexity, number of bids/RFPs received, timeliness of departments in providing required information and timeliness of evaluation team in completing evaluations. If it is determined that the aggregate purchases during the fiscal year for a class of items exceeds $100,000, Board approval will be required for those items prior to a purc hase order being issued. If you are not sure if the 12-month aggregate will apply to your purchase, please contact Purchasing and we will check the total expenditure for the period . Any requisitions that do not have to be bid, but will need Board approval, must be received by the Purchasing one week prior to the Board Agenda Due Date. A requisition and specifications are required before any items to be purchased will be put out to bid or placed on the Board Agenda.
Procurement Planning - In order to assist everyone in preparing items to be purchased that will require Board approval, the following estimated timel ine for submission has been developed as a guideline. All timelines are estimated and may be longer depending on complexity, number of bids/RFPs received, timeliness of departments in providing required information and timeliness of evaluation team in completing evaluations. If it is determined that the aggregate purchases during the fiscal year for a class of items exceeds $100,000, Board approval will be required for those items prior to a purc hase order being issued. If you are not sure if the 12-month aggregate will apply to your purchase, please contact Purchasing and we will check the total expenditure for the period . Any requisitions that do not have to be bid, but will need Board approval, must be received by the Purchasing one week prior to the Board Agenda Due Date. A requisition and specifications are required before any items to be purchased will be put out to bid or placed on the Board Agenda.
Notes to Consider:
1. Cooperative contracts over
$100,000 annually, Procurement takes to the August Board meeting for approval.
2. Any purchase that will go over the amount approved by the
Board has to go back to Board for approval.
3. Punchout orders under $5,000 only require budget check and cost center manager approval then go directly to supplier.
4. Board meetings are held the fourth Tuesday of the month and generally not held in July and
November. Board meetings in
December are usually held earlier in the month.
5. Board agendas are due to the
President's Office approximately two weeks prior to the Board meeting. Buyers are required to have agenda items to the
Purchasing Administrative
Assistant by noon on the first business day of the month.
6. Sole source purchases of
$10,000 or more must be in accordance with the District's
Sole Source Procurement Policy and must be submitted using a
Sole Source Requisition type and questionnaire completed. 7. The time it takes to complete a solicitation depends on the complexity, time for evaluations to be completed, number of responses received, time of year and other factors that can effect the timelines.
8. Orders with supplier agreements attached may take longer for review and approval of changes.
Notes to Consider:
1. Cooperative contracts over
$100,000 annually, Procurement takes to the August Board meeting for approval.
2. Any purchase that will go over the amount approved by the
Board has to go back to Board for approval.
3. Punchout orders under $5,000 only require budget check and cost center manager approval then go directly to supplier.
4. Board meetings are held the fourth Tuesday of the month and generally not held in July and
November. Board meetings in
December are usually held earlier in the month.
5. Board agendas are due to the
President's Office approximately two weeks prior to the Board meeting. Buyers are required to have agenda items to the
Purchasing Administrative
Assistant by noon on the first business day of the month.
6. Sole source purchases of
$10,000 or more must be in accordance with the District's
Sole Source Procurement Policy and must be submitted using a
Sole Source Requisition type and questionnaire completed. 7. The time it takes to complete a solicitation depends on the complexity, time for evaluations to be completed, number of responses received, time of year and other factors that can effect the timelines.
8. Orders with supplier agreements attached may take longer for review and approval of changes.
Sole Source Requisition Type must be selected for
Sole Source Purchases and Quesionnaire Completed
Depending on the complexity, it could take up to 90 days to formally bid, evaluate and award the contract.
Depending on the complexity, it could take up to 120 days to formally bid, evaluate and award the contract.
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