Finance Department

Purchasing

This is a flowchart outlining the steps to be taken based on the total cost of the purchase, excluding VAT.

^{Value of Purchase}	^Requirements
^{under €5,000}	^{At least one verbal quotation}
^{€5,000 - €25,000}	^{Three (3) written quotations}
^{€25,001 - €221,000}	^{UL Tender Procedure}
^€221,000>	^{EU Tender Procedure}

This flowchart delineates the proper steps to follow for departmental and research purchases, again based on the total cost.

^{Purchase from...}	^{Approved By}
^{Ancillary Budgets}	^{Department Head and Nominated Project Leader}
^{Capital Budgets}	^{Dean and Department Head}
^{Recurrent Budgets}	^{Department Head}
^{Research Budgets}	^{Department Head and Nominated Project Leader}
^{All Travel Budgets (for First Class and Business Class)}	^{President, Department Head and Nominated Project Leader}
^{All Travel Budgets}	^{Department Head and Nominated Project Leader}