The Purchasing Department, a business unit of the Business, Finance and Administrative Services division, has announced the publication of a new Purchasing Policy that went into effect July 1, 2019. The new policy formally establishes bidding thresholds, responsible parties and requirements for purchasing decisions made throughout the University. Additionally, it provides broader procurement decision-making at the departmental level, while establishing the Purchasing Department as the go-to resource for large procurement needs. The new policy also sets the same dollar thresholds for sponsored and non-sponsored funds in an effort to cut down on confusion.
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