OMB Uniform Guidance Section 2 CFR 200.318(e) encourages non-federal entities to enter into state and local intergovernmental agreements or inter-entity agreements where appropriate for procurement or use of common or shared goods and services in order to foster greater economy and efficiency.
Further, 2 CFR 200 requires that a grantee or sub-grantee follow the most restrictive rule applicable to it, whether it be its own state procurement laws or the procurement requirements set out in the federal rules.
HGACBuy uses a public competitive bid/proposal process which complies with the federal rules for all threshold levels. The process also complies with state procurement laws applicable to Texas school districts.
For purchases below the micro-purchase level (currently $10.000), the federal rules do not require the solicitation of competitive quotations but the Member must determine the price to be reasonable. HGACBuy’s public competitive bid/proposal process is a good indication that a price is reasonable.
The federal rules state that purchases between the micro-purchase level (currently $10,000) and the simplified acquisition threshold (currently $250,000) require “price or rate quotations to be obtained from an adequate number of qualified sources.” HGACBuy provides multiple contract awards through its bid/proposal process. When using HGACBuy, purchasers may obtain price or rate quotations from an adequate number of qualified sources.
Purchases above the simplified acquisition threshold can use either sealed bids, competitive proposals, or non-competitive proposals depending on the circumstances. HGACBuy uses sealed bids and competitive proposals as required by the federal rules.
While HGACBuy complies with all the rules listed above, there may be additional requirements that the individual Member must comply with. HGACBuy recommends that the individual Member:
Zoom webinar starts at 10:00 a.m. CST
Welcome, Texans! We are excited to invite you to an impactful webinar that explores the transformative power of strategic procurement through HGACBuy.
In 2024, HGACBuy has helped our Texas members procure over $5 million in products and services, allowing you to buy what you need when you need it. And, now more than ever, with the increasing need to be more efficient and have greater impact in our communities, this is the time for us to collaborate and partner for success.
This webinar is a must-attend for procurement professionals, public administrators, and decision-makers looking to optimize their purchasing strategies.
In this session, we will explore:
Let's continue to work together on the road to procurement excellence and efficiency. Texas communities are depending on us!