Purchasing

Million Dollar Purchases

USF Policy 0-100 

  • Contracts and purchases $1M to less than $1.5M require CFO approval 
  • Contracts and purchases $1.5 to less than $3M require the BOTFC Chair approval and President Signature
  • Contracts and purchases $3M and greater require BOTFC approval

A Expenditures Exceeding One Million Dollars Approval Request form must be submitted to Gina Lombardi in the CFO's office for review and execution prior to submitting a requisition or contract request to procurement services.  If the expenditure is not related to an existing public contract and sourcing, including public solicitation is required, please contact Procurement Services to help facilitate.

Requests must cite and directly relate to one of USF's Strategic Goals.