Section 5-22-8-2 - Purchases below $50,000(a) This section applies only if the purchasing agent expects the purchase to be less than fifty thousand dollars ($50,000).(b) A purchasing agent may make a purchase under small purchase policies established by the purchasing agency or under rules adopted by the governmental body.As added by P.L. 49-1997, SEC.1. Amended by P.L. 7-1998, SEC.2; P.L. 195-2007, SEC.2.