The steps in the procurement process can vary greatly based on the complexity and dollar value. Please refer to the Procurement Action Lead Time memo (insert the memo) to guide you through the milestone of your requirement.
Exercising Option Periods
Exercising Options for Contracts over $1,000,000
COR procedures for exercising an option over $1,000,000.
Exercising Options for Contracts under S1,000,000
COR procedures for exercising an option under $1,000,000