What is required when entering a DIR contract valued between $1M to $5M?

When entering a DIR contract valued between $1 million to $5 million, it is required to submit a request for pricing to at least 6 DIR vendors or resellers. This requirement is in place to ensure that there is adequate competition and transparency in the procurement process. By soliciting pricing from multiple vendors, state agencies can compare offers, evaluate alternatives, and ultimately choose the vendor that provides the best value for their project.

This process is crucial for accountability and helps to avoid favoritism or the potential for conflicts of interest, which are particularly important considerations in public contracting. Ensuring a broader base of competition can lead to more favorable pricing and terms for the state, benefiting taxpayers and improving procurement outcomes.

The other options do not align with the required procedures established for contracts in this monetary range, which is why they do not meet the criteria for this particular situation.