Section 220-RICR-30-00-9.4 - Small Purchases not Exceeding $500A. Competitive bids shall not be required for purchase orders up to $500 in value if the prices are considered to be reasonable.B. It shall be the responsibility of agency personnel to exercise good judgment as to what is a fair and reasonable price.C. Specific action to verify the reasonableness of a price shall be taken when it is suspected that the price may not be reasonable, e.g., comparison to previous price paid or personal knowledge of the item involved.D. Under no circumstance shall purchases exceeding $500 be artificially divided into component parts to circumvent the competitive process. User agency abuses of this limitation will be reported to the Chief Purchasing Officer who will hold agency chief executives accountable for violations.220 R.I. Code R. 220-RICR-30-00-9.4
Amended effective 1/18/2024