Purchasing

The University of Toronto has very specific rules for making purchases.

Purchases up to $4,999.99
There is no requirement for quotations or a purchase order. You can make the purchase by using:

Purchases from $5,000 to $24,999.99: Contact your Business Officer
At least two written quotations are required. Submit the quotes to your Business Officer who will issue a purchase order. If the item is available through USource, no quotations are required.

Purchases from $25,000 to $99,999.99: Contact your Business Officer
A minimum of three written quotations are required. Departments are responsible for issuing a written invitation to suppliers requesting quotations. All suppliers must receive an identical invitation. Submit the quotes to your Business Officer who will issue a purchase requisition. If the item is available through USource, no quotations are required.

Purchases over $100,000: Contact your Business Officer
Purchases of this value require a Request for Proposal (RFP). Please contact your Business Officer for more information.