Updated University Procurement Services Policy
Category: Accounts Payable, Resources, Featured, Purchasing, Training
On June 22nd, the Board of Governors approved the updated University Procurement Services policy, Procurement and Payment Policy 20.1.11. The policy update goes into effect August 1st and reflects updated purchasing thresholds, updated bid waiver approvals, and a modified bid waiver approval process. The changes reflect updated Uniform Guidance requirements for purchasing thresholds.