PRO - CHANCELLOR  or nominated Board Member	VICE - CHANCELLOR or nominated deputy	DIRECTOR of FINANCE or nominee	HEAD of PURCHASING	PRO-VICE CHANCELLOR (Building Contracts Only)	DIRECTOR OF FACILITIES MANAGEMENT (Building Contracts Only)	SENIOR PURCHASING OFFICER	PURCHASING OFFICER	BUDGET HOLDER or nominee
(1)	PRE / POST TENDER NEGOTIATIONS * (PTN)
	> £250,000	n/a	YES+	YES+	YES+	YES+	NO	NO	NO	NO
	£100,000 - £250,000	n/a	YES	YES	YES	YES	YES+	YES+	NO	NO
	£25,000 - £100,000	n/a	YES	YES	YES	YES	YES	YES	NO	NO
(2)	APPROVAL TO ACCEPT OTHER
	THAN LOWEST OFFER OR SOLE SUPPLIER
	> £250,000	YES+	YES+	NO	NO	NO	NO	NO	NO	NO
	£100,000 - £250,000	n/a	YES+	YES+	NO	NO	NO	NO	NO	NO
	£25,000 - £100,000	n/a	YES	YES	YES+	YES	YES+	YES+	NO	NO
	£5,000 - £25,000	n/a	YES	YES	YES	YES	YES	YES+	YES+	YES+
	BELOW £5,000	n/a	YES	YES	YES	YES	YES	YES	YES	YES
(3)	FORMAL CONTRACT  or PURCHASE ORDER
#	> £250,000 or >£100,000 and sealed	YES+	YES+	NO	NO	NO	NO	NO	NO	NO
	£100,000 - £250,000	n/a	YES+	YES+	NO	NO	NO	NO	NO	NO
	£25,000 - £100,000	n/a	YES	YES	YES+	YES	YES+	NO	NO	NO
	£5,000 - £25,000	n/a	YES	YES	YES	YES	YES	YES+	NO	YES+
	BELOW £5,000	n/a	YES	YES	YES	YES	YES	YES	YES	YES
(4)	CONTRACT PRICE REVIEWS:
	Maximum Value Change **
	> £250,000	YES+	YES+	NO	NO	NO	NO	NO	NO	NO
	£25,000 - £250,000	n/a	YES+	YES+	NO	NO	NO	NO	NO	NO
	£5,000 - £25,000	n/a	YES	YES	YES+	YES	YES+	NO	NO	YES+
	BELOW £5,000	n/a	YES	YES	YES	YES	YES	YES	NO	YES
	(All values are exclusive of VAT)
	*Procedure provides for all PTN to be documented
	**If the value of change exceeds financial limits (Reg 509), then the appropriate requirement may apply.  (Refer to Director of Finance)
	+Authority cannot depend on single signature-requires other authorisation
	#All building contracts over £100k must be sealed