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Purchasing Procedures Manual - nmt.edu

Purchasing Procedures Manual New Mexico Tech Last modified February 8, 2018 The purpose of this document is to elaborate on various topics regarding the Purchasing policies at NMIMT. This document is continually being updated; we would appreciate any information and/or insight that would help us develop stronger policies for NMIMT s research community. Purchasing Last Revised: February 8, 2018 Table of Contents I. Glossary .. 4 II. Introduction .. 5 III. Purchasing Procedures .. 7 A. Contracting Authority .. 7 B. Conflict of Interest .. 7 C. Gifts and Gratuities .. 8 D. Anti-Kickback .. 8 E. Debarment .. 8 F. Payment for Purchases .. 9 G. Tax Exemption .. 9 H. Purchase Requisition .. 9 I. Unallowable Purchases .. 10 J. Procurement Card and Gas Card .. 10 K. Inspection of Items Received by Property Control, Shipping and Receiving .. 11 L. Procurement Thresholds .. 12 M. Lowest Price .. 14 N. Price or Cost Analysis.

Purchasing Procedures Manual . New Mexico Tech . Last modified February 8, 2018 . The purpose of this document is to elaborate on various topics regarding the purchasing policies at NMIMT. This document is continually being updated; we would appreciate any information

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