The competitive bid process lets the UC system and the UCSB campus secure the best quality products and services at the best possible price.
Strategic Sourcing
Strategic Sourcing benefits your department through savings in money, time, and resources.
The Bidding Process
Per California State Law (Public Contract Code Section 10507.7 and California Constitution, Article 9), and as supported in University policy Business and Finance Bulletin (BUS) 43, the UC is a public trust, and to insure the security of its funds and compliance with the terms of the endowments of the UC, purchases over $99,999.99 (regardless of funding source) must be publicly and competitively bid.