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Come on down! Your next purchasing decision could be considerably less confusing. |
New to purchasing at UVA, or returning after some time away?
These five tips can help you get started, choose the right purchasing path, and know where to go when questions come up.
1. Use the UVAMarketplace
If you need to make purchases in your role at UVA, the UVAMarketplace is one of the best tools at your disposal. With hosted punchout catalogs that offer items from office supplies to lab equipment, the UVAMarketplace allows you to seamlessly move from creating an order on your supplier’s platform, to delivering a purchase order to your supplier automatically once your requisition has been submitted.
Make sure you have the Procurement Shopper security role, and contact AskFinance@virginia.edu to confirm your employee profile is connected to the UVAMarketplace before you place your first order; otherwise, your requisition may become stuck in the approval process.
For additional information on Purchasing security roles, visit this webpage on the UVAFinance Website.
2. Select the Appropriate Purchasing Method
Make the Goods & Services Guide your first stop when you know what you need to buy but are not sure how to purchase it. Search for the good or service you plan to purchase to find the appropriate purchasing method and whether other requirements may apply.
If your planned purchase does not appear in the guide, contact AskFinance@virginia.edu to discuss available purchasing methods with Procurement Services.
3. Always Consider the Guidelines for Competition
The Guidelines for Competition are central to every requisition submitted at UVA. While competition isn’t necessary for purchases less than $10,000, you are encouraged to seek competition to ensure UVA receives the best price and terms for your purchase.
UVA has over 600 active contracts that you can use today that are vetted and meet competitive requirements. You can find these contracts listed on the VASCUPP Contracts Portal, where you can search contracts by specific suppliers or by the type of purchase you’re planning.
4. Don’t Sign That Contract
At UVA, only a few individuals have the authority to sign contracts on behalf of the University. That delegation is called Signatory Authority and UVAFinance’s Procurement Department is your best contact for purchasing contracts.
If a supplier provides an agreement, contract, or terms and conditions, make sure it follows the appropriate UVA review and submission process:
5. Paperwork Protects Your Purchase
Whether you’re setting up a Purchase Order or paying with a Travel & Expense (T&E) Card, documentation protects you and the University.
Always confirm your Requisition has been approved, and a Purchase Order has been delivered to the supplier before receiving their goods or services. Creating a PO after the supplier has begun providing goods or services is called an Unauthorized Purchase, which requires additional documentation and authorization, and can delay payment to a vendor.
If you’re paying with a T&E Card, always keep your receipts. Attaching your receipts to your Expense Report is the best way to receive quick review and approval.
UVAFinance is Here to Help
The Finance Solutions Center can help answer your questions, identify the right resource, or connect you with the appropriate team. Their contact information is below:
AskFinance@virginia.edu
434-924-3400
Keep these tips and resources handy for a more seamless purchasing experience at the University of Virginia.