Blanket Purchases - 405

A blanket purchase is a contract document (a FI$Cal purchasing “PO” is also considered a contract) with one supplier that specifies a contract term of no longer than one year and where the quantities of specific products and/or delivery dates are not known. A determination has been made that a group of goods from a specified supplier is necessary to the program and requires flexibility when determining quantities and delivery dates.

In no case may a blanket purchase exceed $4,999.99 per transaction. An exception is permitted when the blanket purchase is issued under a Leveraged Procurement Agreement (LPA) that allows blanket purchases within a certain dollar threshold identified in the User Instructions. The procurement file must be documented to provide evidence that supports why it is in the state’s best interest to execute a blanket purchase.

Instructions on how to process blanket purchases (aka “PO”) in the FI$Cal system are available on the FI$Cal ServiceNow website.