Procurement

Procurement is defined as the process of finding and agreeing to terms in acquiring goods and services from an outside source. Procurements are required at the federal and state level to ensure subrecipients of taxpayer funds are spending those funds responsibly.

The information listed on these pages is standard to all procurements, regardless of the item being procured. For a successful procurement, it is important subrecipients review this information to ensure they understand the basic transit procurement requirements:

• Federal and state procurement thresholds
  
• Procurement fundamentals
• Procurement methods
• Solicitation requirements
• Disadvantaged business enterprises
• Written procurement history
• Post solicitation written procurement history
• Transit asset management guidelines