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Home > PO Terms and Conditions Update, Effective January 1, 2025

PO Terms and Conditions Update, Effective January 1, 2025 [1]

December 13, 2024 by Staff [2]

Starting January 1, 2025, updates to CU’s Purchase Order (PO) Terms and Conditions [3] 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.

PSC Terms and Conditions [4]
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Source URL:https://www.cu.edu/blog/psc-communicator/po-terms-and-conditions-update-effective-january-1-2025

Links
[1] https://www.cu.edu/blog/psc-communicator/po-terms-and-conditions-update-effective-january-1-2025 [2] https://www.cu.edu/blog/psc-communicator/author/151203 [3] https://www.cu.edu/psc/procurement/purchase-order-terms [4] https://www.cu.edu/blog/psc-communicator/tag/psc-terms-and-conditions