CU System Administration and The Procurement Service Center will be closed on Friday, June 19th for Juneteenth. We will reopen at 8 a.m. on Monday, June 22nd.
The PSC honors wire payments for international suppliers where the payment must be made to the suppliers account and/or made in a non-U.S. currency. Previously under the associated PSC Procedural Statement for Wire Transfers, the wire transfer minimum required by the policy was $500. Effective March 31, 2023, the policy has been revised to allow for wire payments to international payees with a minimum of $100. The policy still restricts wire payments to international suppliers/payees, and the department is still responsible for submitting the necessary documentation for the payment, however the PSC will begin honoring wire payments starting at $100.
The PSC was recently informed that Colorado Correctional Industries (CCi) is no longer accepting new orders for furniture. CCi will complete any orders that are already in place, including projects. Once those active CCi purchases and/or projects are complete, CCi will shut down their furniture operations.
