The purpose of this policy is to ensure the best overall value to the university for the expenditure of funds; this includes the use of preferred suppliers, establishes USC’s competitive bidding requirements, and identifies other supplier requirements.
Whenever possible, preferred suppliers should be used. Preferred suppliers are those suppliers with which the university has a negotiated or competitively bid master agreement that includes price discounts and negotiated legal and business terms and conditions. The university may have more than one
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