SPOTLIGHT SERIES: Good News/Bad News – The Delegated Purchasing Threshold has increased to $25,000, but Not When Sponsored Funds Are Used

Changes to USM procurement policies has allowed the campus to increase the delegated purchase limit from $5,000 to $25,000.  To remain compliant with Federal guidelines and our DS-2, the delegated purchase limit for sponsored research funds remains at $5,000. KFS has been modified to allow for APOs to be created up to the $25,000 limit. Come and learn how to reconcile what KFS allows when creating an APO versus what your agreement terms allow. April Weimer, Procurement Coordinator with the Department of Procurement and Strategic Sourcing (DPSS) will also be on hand to answer other procurement related questions.

Event-Date: 
Tuesday, March 28, 2017 -
1:00pm to 2:15pm
Location: 

1310 A Marie Mount Hall

Connect

social icons social icons social icons
Go Green

Office of Research Administration
Room 3112 Lee Building
7809 Regents Drive
College Park, MD 20742-5141
Phone: 301-405-6269
Fax: 301-314-9569

Suspect Fraud? Report it here
© Copyright 2017 University of Maryland

Did You Know

UMD is ranked 5th best value in the nation by Kiplinger's 100 Best Values in Public Colleges