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Michigan Department of Transportation Office of Passenger Transportation REWARD AUDITS ATTACHMENT A1 Method of Procurement Decision MatrixSMALL PURCHASE (The Lowest Quote) Amount $3,000 to less than

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How to fill out small purchase lowest quote

01

Identify the items or services needed for the small purchase.

02

Reach out to potential vendors or suppliers to request quotes.

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Compare the quotes received to determine the lowest quote.

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Fill out the necessary paperwork or forms provided by the vendor with the lowest quote.

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Who needs small purchase lowest quote?

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Small businesses or organizations looking to make a purchase within a limited budget.

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Individuals or departments within a larger organization tasked with procuring goods or services for small projects.

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What is small purchase lowest quote?

Small purchase lowest quote is the lowest price offered by a vendor for a particular product or service within a small purchase procurement process.

Who is required to file small purchase lowest quote?

Any vendor participating in a small purchase procurement process is required to file a small purchase lowest quote.

How to fill out small purchase lowest quote?

To fill out a small purchase lowest quote, vendors must provide their contact information, the item or service being quoted, the price offered, and any additional terms or conditions.

What is the purpose of small purchase lowest quote?

The purpose of a small purchase lowest quote is to determine the lowest price offered by vendors for a particular product or service, allowing the buyer to make an informed purchasing decision.

What information must be reported on small purchase lowest quote?

Vendors must report their contact information, the item or service being quoted, the price offered, and any additional terms or conditions on a small purchase lowest quote.

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