Two NPCs have successfully requested and received approval to increase their micro-purchase threshold from $10,000 to $25,000. The process is straight-forward and can be handled through email request and response. As detailed in OMB Memo M-18-18, dated June 20, 2018,
“to receive a higher threshold, the institution must either have "clean single audit findings" (i.e., in accordance with 2 C.F.R. § 200.520 - Criteria for a low-risk auditee), have an acceptable internal institutional risk assessment, or the higher threshold must be consistent with State law for public institutions.”
Requests for approval should be submitted to the institution's cognizant Federal agency for indirect cost rates—please reach out to NAVREF for specific contact information and please check out the documents below to help you successfully increase your micro-purchase threshold.
SAMPLE DOCUMENTS PROVIDED BY THE SEATTLE INSTITUTE FOR BIOMEDICAL AND CLINICAL RESEARCH:
SIBCR Procurement Policy
SIBCR Vendor Justification Form
SIBCR Purchase Order Form
FY19 Purchase Order Instructions
DHHS Micro-Threshold Approval Email Message
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