7 Alaska Admin. Code § 78.270

Current through December 21, 2024
Section 7 AAC 78.270 - Purchasing practices and procedures for operating grants

If the grant awarded is an operating grant, and as a condition of the grant agreement, a grantee must establish uniform purchasing practices and procedures for the procurement of goods and services. The practices and procedures must provide that

(1) for a purchase of nonexpendable personal property with a value of $5,000 or more, or for the award of a contract or subcontract with a value of $5,000 or more, the grantee will request, if feasible, at least three competitive price quotations from potential suppliers;
(2) the grantee will retain written records of price quotations in accordance with 7 AAC 78.250 and will include in the written records
(A) specifications;
(B) the suppliers' names and addresses; and
(C) the prices quoted; and
(3) if obtaining competitive price quotations is not feasible, the grantee will document and retain a written record justifying not following a competitive process.

7 AAC 78.270

Eff. 4/11/81, Register 78; am 7/21/2002, Register 163; am 6/24/2004, Register 170; am 10/16/2012, Register 204

Authority:AS 18.05.040

AS 18.08.010

AS 18.08.080

AS 18.25.100

AS 18.28.010

AS 18.28.050

AS 29.60.600

AS 44.29.020

AS 47.05.010

AS 47.20.075

AS 47.20.110

AS 47.27.005

AS 47.27.050

AS 47.30.477

AS 47.30.530

AS 47.37.030

AS 47.37.045

AS 47.40.041

AS 47.40.120

AS 47.80.130