The Federal Government has recently updated its Simplified Acquisition threshold required for a public bid from $250,000 to $350,000. Accordingly, we have made changes to HuskyBuy and our various websites and resources to reflect this change.
In practice, it allows three quotes to be obtained for Suppliers funded by Sponsored Programs initiatives for purchases between $25,000 and $350,000, instead of $25,000 to $250,000.
Please contact Procurement with any questions regarding this change.