Happy Holidays from the Procurement Service Center. We will be closed from Wednesday, December 24 through Friday, January 2. Normal operating hours will resume on Monday, January 5.
Read our blog article for more information about the holiday closure and year-end support.
As announced Monday in the OUC News, the IRS has increased the reporting threshold for most payments made on Form 1099-NEC (non-employee compensation) and form 1099-MISC (miscellaneous information) from $600 to $2,000 for payments made in calendar year 2026. This significant increase in reporting threshold has prompted a review and revision of the PSC Procedural Statement Study Subject Payments.
Happy Holidays from the Procurement Service Center. We will be closed from Wednesday, December 24 through Friday, January 2. Normal operating hours will resume on Monday, January 5.
If you submitted a purchase request or contract last year, you may have noticed things moved a little faster. That improvement reflects ongoing efforts by the Procurement Service Center (PSC) to streamline processes and make your experience more efficient.
The Procurement Service Center is launching a new Departmental Scorecard Dashboard to deliver clear, data-driven insights into your department’s procurement and expense activity, right in your inbox.
With the rapid approach of the end of the calendar year, the System office will be closed December 24th through January 2nd. We want to provide critical dates that will impact the ability for your requisitions and payments to be completed before the end of the calendar year.
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.
We’re excited to announce that the Procurement webpages will be updated to align with the recently revamped Travel and Get Help pages. We invite you to explore the new layout and get familiar with the improvements. The content has been updated and improved, and it will be organized in a more intuitive, user-friendly way.
