Financial Services and Purchasing have recently received approval to increase the competitive quote thresholds for purchasing goods and services in the College. This increase will address any inflationary pressures, market volatility, and put us in alignment with our sector. New limits are effective immediately.

Goods and Non-Consulting Services:

• Up to $5,000 - One (1) written quote
• $5,001 to $20,000 - One (1) written quote is required (three quotes is an option)
• $20,001 to $100,000 - Minimum three (3) or more quotes required
• $100,001 or more - Open competitive procurement

Consulting services threshold has not changed and will remain at:

• $0 - $100,000 - Three (3) or more quotes
• $100,001 or more - Open competitive procurement

Please contact Purchasing (purchasing@humber.ca) if you have any questions on this update.