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Choosing the Right Purchasing Method for Equipment Rental

Understanding how to select the correct purchasing method for equipment rental is crucial for efficient procurement. When considering purchases over and under $2,500, be aware that not all vendors accept Purchase Orders. Choose the appropriate funding source, whether it’s from the Research Foundation (RF), UB Foundation (UBF), or state funds. Additionally, ensure that the purchase aligns with grant eligibility requirements. For recurring suppliers, consider establishing a blanket order. For assistance, contact the Procurement Card office to manage purchase limits.

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Choosing the Right Purchasing Method for Equipment Rental

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  1. Equipment Rental Choose the Correct Purchasing Method What is the dollar amount of the purchase? Over$2,500 Under$2,500 Selections: Equipment Rental

  2. Dollar Amount Choose the Correct Purchasing Method What is the dollar amount of the purchase? Selections: Equipment Rental Dollar Amount – > $2,500 Please note: Not all vendors accept Purchase Orders. Call the Procurement Card office at 645-2676 to increase your limit For recurring purchases with the same supplier, establish a blanket order through eReq Return to a Previous Question: Dollar Amount >

  3. Funding Source Choose the Correct Purchasing Method What is the funding source for the purchase? Research Foundation (RF) UB Foundation (UBF) State Selections: Equipment Rental Dollar Amount – < $2,500 Return to a Previous Question: Dollar Amount >

  4. Funding Source Choose the Correct Purchasing Method What is the funding source for the purchase? Selections: Equipment Rental Dollar Amount – < $2,500Funding Source – STATE Please note: Not all vendors accept the Procurement Card. If they do not, then use eReq. Return to a Previous Question: Dollar Amount > Funding Source

  5. Funding Source Choose the Correct Purchasing Method What is the funding source for the purchase? Selections: Equipment Rental Dollar Amount – < $2,500Funding Source – UBF Please note: Not all vendors accept Purchase Orders. Call the Procurement Card office at 645-2676 to increase your limit For recurring purchases with the same supplier, establish a blanket order through eReq Return to a Previous Question: Dollar Amount > Funding Source

  6. Grant Eligibility Choose the Correct Purchasing Method Is this purchase allowable on the grant? Yes No Not Sure Selections: Equipment Rental Dollar Amount – < $2,500Funding Source – RF Return to a Previous Question: Dollar Amount > Funding Source

  7. Grant Eligibility Choose the Correct Purchasing Method Is this purchase allowable on the grant? Selections: Equipment Rental Dollar Amount – < $2,500Funding Source – RFGrant Eligibility – NO Return to a Previous Question: Dollar Amount > Funding Source > Grant Eligibility

  8. Grant Eligibility Choose the Correct Purchasing Method Is this purchase allowable on the grant? Selections: Equipment Rental Dollar Amount – < $2,500Funding Source – RFGrant Eligibility – YES Please note: Not all vendors accept the Procurement Card. If they do not, then use eReq. Return to a Previous Question: Dollar Amount > Funding Source > Grant Eligibility

  9. Grant Eligibility Choose the Correct Purchasing Method Is this purchase allowable on the grant? Selections: Equipment Rental Dollar Amount – < $2,500Funding Source – RFGrant Eligibility – Not Sure Return to a Previous Question: Dollar Amount > Funding Source > Grant Eligibility

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