Standard requisitions (non-catalog, catalog, vendor blankets, etc.): 5 days from submission to Procurement to the vendor.
Contract Request Forms or Revenue Contracts: 4 weeks from submission to Procurement to the first draft of redlines to the vendor. Actual completion of the contract (all parties have signed) could be longer than this depending on the complexity of the negotiation and data security (see below on *Exceptions).
Contract Amendments: 2 weeks for renewals that do not merit data security review, and 4 weeks for those that require additional or new data security to align with current requirements
Leased equipment: 30 days
Sole Sources over $100k: 10 days
Conflict of Interest review: 2 weeks
Formal bids (RFPs or RFQs): 2-4 weeks
Boat and Air Charters: 3-6 weeks
Vendor additions with completed forms: 1-2 business days
Vendor additions without forms: 1-2 weeks
Vendor updates: 1 week
*Exceptions that might take longer to process can include, but aren’t limited to the following:
HIPAA / Data Security / PCI / GDPR related orders (SaaS, Cloud Services)