A fast track contract streamlines the contracting process. Please note that some contracts will require additional insurance and/or clauses, or may require 51³Ô¹ÏºÚÁÏ signatures and may not be eligible for a fast track contract. If you have any questions about the fast track contract process, contact your department’s assigned Purchasing Analyst.
Eligible Proposals
Proposals that are likely eligible for a fast track contract must:
- Be less than $50,000 for the life of the contract, including the entire term of the contract and all likely expenses (if the contract is for $15,000, but there are $45,000 in other potential expenses, it is not eligible, because the contract total would be $60,000);
- Be for a term of one year or less with no automatic renewal; and,
- Include the required insurance. Note, certain proposals that require additional insurance, such as coach or livery services may still be eligible, but may require an additional insurance addendum.
Non-Eligible Proposals
- Proposals for construction services or design professionals.
- Proposals for legal services.
- Proposals for services and/or goods that, inclusive of all expenses, are $50,000 or more.
- Proposals for a contract term for more than one year, or that auto-renew.
- Proposals that reference their own online terms and conditions.
- Proposals that have any legal terms and conditions, other than the date of services, scope of services, and pricing.
- Proposals that necessitate a more complex contract.
- Proposals for rental of 51³Ô¹ÏºÚÁÏ facilities.
- Services or goods that based on the dollar amount or type require a formal competitive solicitation. See 51³Ô¹ÏºÚÁÏ’s Competitive Threshold Requirements.
The Purchasing Analyst assigned to your requisition will contact you to let you know if the proposal is or is not eligible for a fast track contract.
Fast Track Contract Process
If a department chooses to work with a supplier that is eligible for a fast track contract, the department should include the following with the requisition:
- A signed Proposal Cover Page in which the supplier agrees to the terms and conditions in the Fast Track Contract
- Their proposal
- A certificate of insurance in the amount and types required by the fast track contract
If the amount of the proposal is $25,000 or more, but less than $50,000, the department must also provide Purchasing with either a request for competitive exception, or two (2) informal quotes for goods or two (2) informal proposals for services. The supplier must to do business with 51³Ô¹ÏºÚÁÏ.
If the contract is eligible, no 51³Ô¹ÏºÚÁÏ signatures will be required, no further negotiation will be needed, and the supplier will be notified of acceptance by receipt of a 51³Ô¹ÏºÚÁÏ purchase order.