Award Method

The Award Method (AWMD) table captures the following information:

• Indicate what method of procurement is used for the purchase

• Record the manner the contract was awarded

• Control information about available options at the Solicitation level

• Drive edits relating to the maximum dollar amount

• Determine approvals required

Examples of Award Method include: Competitive Sealed Bidding, Request for Proposal, Pre-Qualified Bidders List, and Sole Source. Dollar values are associated with each method of award. These dollar levels are used to drive the approval process based on award method and dollar value of award.