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Maximizing free and open competition in material procurement. <br /> <br />I. Agency shall follow the Cabarrus County purchase policy for low-value purchases. <br /> <br />Purchases of goods and services less than $5,000 may be made without <br />soliciting formal or informal bids. A purchase order must be issued for <br />any purchase with an aggregate value of $50.00 or more. It is, however, <br />County policy that quotations are to be obtained for purchases under <br />$5,000 whenever possible, in order to insure that the county is purchasing <br />all goods and services at the lowest possible price. <br /> <br /> <br />