Our commercial card provider, US Bank, has changed its procedure for expedited card requests. Effective immediately, all newly issued and replacement cards will incur a $20 fee for rush delivery. The fee will be charged to the card account associated with the request, and it will be the responsibility of the cardholder and/or their department to reconcile this expense. The PSC does not charge any fees for rush processing.
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.
The Procurement Service Center (PSC) is excited to announce a significant redesign of CU Marketplace which is set to launch in Fall 2024. Developed in collaboration with campus partners, this redesign will enhance the user experience and streamline procurement processes.
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.
Due to Millipore Corp and Sigma-Aldrich Inc. sharing the same parent company, the PSC is consolidating these two separate catalogs into one for ordering efficiency.
We are excited to announce that on April 3, 2024, the PSC website will undergo a significant upgrade focused on improving key areas: Get Help, Travel, and Paying. These updates are designed to enhance your experience and make accessing vital information more intuitive.
Fiscal Year (FY) 2024 ends at midnight on July 2, 2024. Follow these deadlines and instructions to ensure that your FY 2024 expenses are appropriately recorded in FY 2024.
