For purchase orders or contracts valued between $5,000 and $25,000, what is required?

The correct requirement for purchase orders or contracts valued between $5,000 and $25,000 is to provide bid opportunities to vendors active on the Centralized Master Bidder's List (CMBL). This ensures that a fair opportunity is given to a variety of vendors, promoting competition and transparency in the procurement process. The CMBL serves as a tool for state agencies to identify and reach out to qualified vendors, fostering an inclusive approach to public procurement.

This requirement reflects the state's commitment to using taxpayer funds wisely by creating a competitive environment, which can potentially lead to better pricing and quality on procurements. Providing opportunities to a broad set of vendors also aligns with best practices in purchasing and ensures compliance with Texas state procurement laws that aim to encourage participation from a diverse array of suppliers, including historically underutilized businesses.

Other options do not align with the regulatory framework governing this procurement process. While soliciting quotes can be a component of an effective procurement strategy, it isn't the sole requirement in this specific value range. Documenting past purchase orders is generally not a mandatory requirement for bids in this context.