Wednesday, January 10, 2018

Small Dollar Purchase Limit Raised

As of January 7, 2018, the small dollar purchase limit has changed from $5,000 to $10,000. Procurement & Supplier Diversity Services and the Office of Sponsored Programs partnered to implement this change, which puts the University in line with new federal grant small dollar purchase limits, and also reduces the administrative burden of purchasing, invoicing, and receiving processes for University departments.

No comments: