About This Commodity
The rental of any equipment should be directed through UM Procurement. Contact the Sourcing Contact most closely associated with the equipment being rented. Any agreements requiring signature must be reviewed and approved by UM Procurement prior to rental. Some equipment may require physical damage insurance when rented.
Purchases over $10,000 require competitive quotes, or written bid requests with detailed specifications prepared by UM Procurement.
If you will be making several small purchases, and the total amount will exceed $10,000 in a 12 month period, a competitively bid contract may be appropriate.
Does the supplier require an Agreement to be signed prior to rental? Does it contain Terms and Conditions?
YES - If the cost of the rental is over $5,000, submit a PeopleSoft Non-Catalog Requisition and attach all agreements, proposals, and/or quotes for review prior to rental.
NO - If less than $5,000 and paying via OneCard, send agreement via email to Sourcing Contact prior to rental.