Is there an easy way to purchase goods and services from suppliers if they don’t have a punch out catalog or any other CU awarded contract? Yes, you can use a cooperative agreement!
Some of the most frequently observed violations of Procurement Cardholders are outlined here along with information on how to prevent these issues. Procurement Cardholders are encouraged to regularly review the Procurement Card Handbook as well as relevant university policies to ensure all purchases comply with the applicable requirements.
Effective February 1, additional campus-level approval will be required on Procurement Card applications and/or critical account updates (limit changes, org updates, etc.) submitted by affiliate fiscal staff or any other non-employee affiliate/person of interest (POI).
TSA agents will be required to enforce the REAL ID standards for traveler identification beginning on May 7, 2025. Learn more about the change and how to check your readiness here.
As part of our continuous efforts to streamline and improve our procurement processes, we are sharing additional information regarding the use of commodity codes for IT software.
With the passing of Senate Bill 24-184, Colorado is now charging an additional $3.00 per day on motor vehicle daily rentals, bringing the total of state fees to $5.23 per day.
Employees who request or approve cash advances for official university travel will be required to complete a dedicated cash advance training effective January 15, 2025. The course CU: Requesting Cash Advances for Travel covers essential policies and procedures for requesting a cash advance, along with the responsibilities for obtaining and reconciling these funds.
Starting January 1, 2025, updates to CU’s Purchase Order (PO) Terms and Conditions will take effect. These updates align with federal standards and enhance compliance.
There has been an increase in expense reimbursement submissions where the receipt for payment to a “driver” was from a third-party platform like Venmo or Square Payment Processing, rather than Lyft or Uber. Payments directly to individuals are not allowable on a Travel Card nor through personal reimbursement. When utilizing Uber or Lyft rideshare, insist on paying your driver through the app – never cancel and pay the driver directly.
