Procurement procedures. (i) It is the responsibility of each borrower to xx- xxxxxxx the procurement method that best meets its needs to award contracts not requiring RUS approval in amounts of up to a cumulative total of $750,000 or one percent of NUP (not to exceed $5,000,000), whichever is greater, per calendar year of communications and control facilities construction (includ- ing minor modifications or improve- ments), exclusive of the cost of owner furnished materials and equipment.
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