Purchasing Thresholds Act¶
\ Allow managers to make purchases without notification to BoD for immediately required purchases, such that each purchase is below $100, and that the total weekly purchase before notifying BoD is $250.
The expectation remains that large purchases are discussed with bod, and that every effort is made to not make 'large' (e.g. >$40) purchases without passing it through bod. These are for purchases which are regularly approved, and the thresholds are arbitrarily set
Exceptions to the threshold, up to $1000 in total, excluded from the regular limit of $250
- Paper
- Toner
This is helpful for small purchases which are helpful for regular operations. For example, paper, sporks pens, etc.
Thresholds are up for debate.
Csq:
- PR constitution
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