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  3. Is the $5,000 limit to the purchase process flexible?
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  3. Is the $5,000 limit to the purchase process flexible?

Is the $5,000 limit to the purchase process flexible?

This depends on what is being purchased. For example:

  1. Category IDs: Voucher Payments Under $5,000 are used on voucher payments under $5,000 to group purchases into categories for the University Annual Financial Report. 
  1. Category IDs: Hybrids, No Restriction on the Value of a Payment are used on voucher payments under $5,000 to group them for the University Annual Financial Report and voucher payments over $5,000 to indicate that these purchases are excluded from the requisition and purchase order process. 
  2. Category IDs: Exception Codes to the Purchase Order Process are used on voucher payments over $5,000 to indicate that these purchases are exempt from the requisition and purchase order process.

For additional information on Special Category IDs, please review the Purchasing Manual: Advance Procurement Processes, Non-PO Special Category IDs.

Updated on August 5, 2021

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