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PO Terms and Conditions Update, Effective January 1, 2025
December 13, 2024 by Staff
Starting January 1, 2025, updates to CU’s Purchase Order (PO) Terms and Conditions will take effect. Key changes include:
- New federally mandated provisions for grants, including Davis-Bacon and Clean Air Act requirements.
- Updated FAR/DFAR thresholds for procurement and compliance.
- New IT Security language, including Accessibility and GLBA clauses.
These updates align with federal standards and enhance compliance.