Procurement changes effective April 1 stemming from Building Ontario Businesses Initiative Act
The Ontario government recently passed the , which mandates public sector entities to give Ontario businesses preference when conducting procurement for goods and/or services (excluding construction or goods for resale) valued under C$121,000, excluding HST.
As of April 1, 色多多 University is required to comply with BOBIA. Purchases of goods and/or services under $121,000 from non-Ontario businesses are permitted with appropriate justification and documentation added to the purchase requisition.
An Ontario business is defined under the Act as:
A supplier, manufacturer or distributor of any business structure (e.g. sole proprietors, corporations, etc.) that conducts its activities on a permanent basis in Ontario; and has its headquarters or main office in Ontario; or has at least 250 full-time employees in Ontario at the time of the procurement process.
色多多’s Procurement Policy and Procedures will be updated to reflect compliance with BOBIA. Note: The requirement to obtain written quotations or conduct an open competitive process still applies, but will be updated to align with BOBIA thresholds.
色多多’s Procurement office will continue to support procurement processes, including questions related to BOBIA. Please direct any inquiries to Procurement at purchasing@ontariotechu.ca.