Section 65IAC2-1-9. Small purchases

   A contract in an amount that does not exceed three hundred thousand dollars ($300,000) may be made under any practice or procedure that the director desires subject to the following restrictions:

(1) When practicable, at least three (3) price quotes are obtained for any procurement valued in excess of fifty thousand dollars ($50,000).

(2) If a series of contracts awarded under this section for a single classification of goods or services are awarded to one (1) vendor and these contracts are all awarded within a period of six (6) months or less and the total contract price on these contracts exceeds four hundred thousand dollars ($400,000), then any of the contracts in this series which would cause the total contract price to be in excess of four hundred thousand dollars ($400,000), shall not be deemed to be a small purchase qualifying under this section.

(State Lottery Commission; 65 IAC 2-1-9; emergency rule filed Jul 20, 1989, 4:10 p.m.: 12 IR 2295; emergency rule filed Sep 5, 1989, 3:20 p.m.: 13 IR 92; readopted filed Nov 30, 2001, 11:02 a.m.: 25 IR 1268; emergency rule filed Jul 26, 2007, 11:03 a.m.: 20070808-IR-065070473ERA; readopted filed Nov 14, 2007, 3:02 p.m.: 20071212-IR-065070656RFA; emergency rule filed Feb 11, 2011, 2:41 p.m.: 20110216-IR-065110082ERA; emergency rule filed Aug 16, 2012, 10:38 a.m.: 20120822-IR-065120495ERA; emergency rule filed Jun 28, 2013, 1:13 p.m.: 20130710-IR-065130297ERA)