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Procurement Thresholds: When to Use Quotes, RFPs, or IFBs

March 15, 2026 Procurement Procurement General Information

PHAs must use different procurement methods depending on the estimated dollar value of the goods or services being purchased. For purchases below the micro-purchase threshold (currently $10,000), PHAs may procure directly without soliciting competitive quotes, provided the price is considered fair and reasonable.

For purchases between $10,000 and $250,000 (the simplified acquisition threshold), PHAs must obtain a minimum of three written price quotes from qualified vendors. For purchases exceeding $250,000, PHAs must conduct formal competitive procurement using either an Invitation for Bids (IFB) for construction and straightforward goods/services where price is the primary award factor, or a Request for Proposals (RFP) for professional services, technology solutions, or complex scopes where technical merit, qualifications, and approach are evaluated alongside price.

Sole source procurement — awarding a contract without competition — is only permitted under very limited circumstances and requires prior written justification and, in many cases, HUD approval.

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