About This Commodity
ALL livestock purchases must be approved by UM Procurement in advance. The requesting department must provide the following information for review and approval prior to the purchase:
- Complete name, address and phone number of the vendor or individual.
- A detailed justification for purchasing the livestock from the respective vendor or individual.
- Proof that the price to be paid is a fair market value (example: market survey notices). If circumstances or livestock requirements are such that the price is higher than the fair market value, an explanation must be provided.
Upon approval by UM Procurement a Requisition should be entered into PeopleSoft. Contact the Sourcing Contact listed for additional information.
See Business Policy and Procedure Manual Chapter 3-Purchasing, Section 3:135 - Purchasing Livestock for specifics.