Gunnison Valley RTA Public Transportation
Gunnison Valley Transportation Authority (RTA) Procurement Policies and Standards – Micro-Purchases
Procurement by micro-purchases are those purchases under $3,000. Purchases below that threshold may be made without obtaining competitive quotations if the grantee determines that the price is fair and reasonable. Such purchases are exempt from Buy America requirements. There should be equitable distribution among qualified suppliers, and no splitting of procurements to avoid competition. The Davis-Bacon Act applies to construction contracts over $2,000. Minimum documentation required: A determination that the price is fair and reasonable and how this determination was derived must be completed prior to the issuance of an award. This determination shall be placed in the master procurement file for the project or procurement.