Invitation to Bid
Purchases over $25,000 must be requisitioned through the Purchasing Department. A requisition is to be initiated (by the department) in the LSUS Main Frame and processed through the Purchasing Department in advance of purchase.
If the cost is estimated to be in excess of $25,000, the Purchasing Department must request formal written sealed bids from at least five (5) firms that normally handle the merchandise or service. The time that is normally allowed for vendors to respond to invitations to bid is twenty-one (21) calendar days.