On September 5, 2023, OfficeScapes, Colorado’s leading furnishings solution partner, and Elements studio started doing business as Slate. This DBA (“doing business as”) change will now take effect in CU Marketplace.

On the last day of the fiscal year, a process will run to roll forward encumbrances that are remaining on purchase orders from FY24 to FY25. This means any POs that are not fully invoiced will be rolled forward so that the encumbrance balances accurately reflect purchase orders that are not fully used.

Effective May 1, 2024, the Source Selection & Price Reasonableness (SSPR) form is no longer required for purchases under $50,000. This also means that the sole source justification and associated price cost analysis form is also not required for purchases under $50,000. This adjustment, supported by your campus Controller and Grants & Contracts offices, aims to streamline procurement processes, increase opportunities for local and disadvantaged suppliers, and enhance efficiency.

With the support of your campus Controller and Grants & Contracts / Contracts & Grants offices, the Procurement Service Center is pleased to announce that effective May 1, 2024 the Source Selection & Price Reasonableness (SSPR) form will no longer be required for any purchases under $50,000. This streamlined process empowers CU to acquire necessary goods and services more efficiently.