Common use of Methods of Procurement Clause in Contracts

Methods of Procurement. (2 CFR 200.320) Federal guidance defines five methods of procurement: Micro-Purchases, Small Purchases, Sealed Bids, Competitive Proposals and Non- Competitive Proposals. For each type of procurement, the information in the shaded area indicates records that must be maintained in the subrecipient’s files.

Methods of Procurement. (2 CFR 200.320) Federal guidance defines five methods of procurement: Micro-Purchases, Small Purchases, Sealed Bids, Competitive Proposals and Non- Competitive Proposals. For each type of procurement, the information in the shaded area indicates records that must be maintained in the subrecipientsub recipient’s files.