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38 <br /> Procurement Decision Matrix <br /> Micro- Competitive Procurement Sole Source <br /> purchase <br /> Amount < <br /> $3,000 Amount > $3,000 Approved by FTA <br /> Multiple Multiple Sources OEM, Custom Item OR <br /> Sources _ <br /> Not an Emergency Only One Source OR _ <br /> Competition Inadequate <br /> after Solicitation OR _ <br /> Small Purchase Emergency/Public <br /> Exigency <br /> Amount < $100,000 _ <br /> Complete and Adequate <br /> Specification or Description _ <br /> Two or more quotes available <br /> Sealed Bid (IFBs) _ Type of Contract _ <br /> Complete and Adequate <br /> Specification or Description Fixed price <br /> Two or more responsible <br /> bidders willing to compete Firm fixed unit prices <br /> Selection can be made on the <br /> basis of price alone Cost plus fixed fee <br /> Firm Fixed Price Contract Time and materials _ <br /> No discussion with bidders <br /> required after receipt of bids Blanket purchase order <br /> Indefinite Delivery <br /> Indefinite Quantity (IDIQ) _ <br /> Competitive Proposals (RFPs) _ <br /> Complete Specifications Not <br /> Feasible _ <br /> Bidder Input Needed _ <br /> Two or more responsible <br /> bidders willing to compete _ <br /> Discussion needed with <br /> bidders after proposals _ <br /> Fixed price can be set after <br /> discussions OR <br />