Procurement thresholds: quotes and tenders

All suppliers can be engaged for goods and services up to $250k through a quotation process as noted in the table below.

All quotations must be received via VendorPanel. You can register your business for VendorPanel here. 

The following applies to tendering and quotations, depending on the value of the procurement:

Expenditure	Purchase types	Agreement and Documentation
Less than $2,000	Email or written quote.	Purchase Order.
$2,001-$15,000	One quote must be sought via Vendor Panel.	Purchase Order.
$15,001-$30,000	Two quotes must be sought via Vendor Panel or via Prescribed Agency.	Purchase Order.
$30,001-$250,000	Three or more quotes must be sought via Vendor Panel or via Prescribed Agency or Request for Tender by Select Invitation.	Specification or Project Brief. AND Purchase Order or full contract. AND Evaluation documentation or evaluation recommendation report.
$250,000+	Public tender	Highly detailed Specification or Project Brief. AND Minor contract or Major contract. AND Evaluation panel recommendation report.

Quotations, once accepted, will be followed by a purchase order.

Verbal requests for goods and services from staff members and any invoicing without a purchase order will cause delays in payment.

Our standard payment terms are 30 days after the dated invoice month (nett). Please quote the purchase order on the invoice to ensure prompt payment.