What is required for requisitions over $5K?

Requisitions over $5,000 require approval from the Department Head to ensure that there is an appropriate level of oversight for larger expenditures. The Department Head is responsible for the budget and resource allocation within their area, making it crucial for them to review and authorize significant purchases. This process helps to manage costs, ensure that the requisition aligns with operational needs, and maintain accountability for financial decision-making.

Other possible approvals, although important for different contexts or requisition types, do not hold the same authority as the Department Head when it comes to larger transactions, ensuring a thorough review before resources are committed.