From:	Jahn, Georg
Sent:	Thursday, May 20, 2010 4:28 PM
To:	'sponsoredprog-l@csun.edu'
Subject:Sponsored Programs Bulletin 38: REVISED PURCHASING POLICY

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S P O N S O R E D   P R O G R A M S   B U L L E T I N

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To: 		All Principal Investigators & Research Administrators

From:		The University Corporation
		- Sponsored Programs - 

Re:		REVISED PURCHASING POLICY
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Northridge, May 20, 2010



I am happy to advise you that The University Corporation Board of Directors 
approved changes to the Purchasing Policy that are designed to make 
administrative tasks easier for principal investigators. The new policy will 
be posted on our website, shortly. Below is a summary of key changes:


Old:  Purchase order required only for purchases over $1,000.
New: 	Purchase order required only for purchases over $5,000 (or if required 
by vendor).

Old:  PO and three quotes (telephone quotes are sufficient) required for 
purchases of $5,000 - $10,000.
New:  PO and three quotes (telephone quotes are sufficient) required for 
purchases of $10,000 - $15,000.

Old:  PO and three written quotes required for purchases of $10,000 - $50,000.
New:  PO and three written quotes required for purchases of $15,001 - $75,000.

Old: 	Formal bid process required for purchases over $50,000.
New:  Formal bid process required for purchases over $75,000.

Old:  Sole source justification/approval needed for PO’s over $5,000.
New:  Sole source justification/approval needed for PO’s over $10,000.


If you have any questions, please contact Maryann Camarillo at X 3061 or at 
maryann.camarill@csun.edu.


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The Sponsored Programs Bulletin is produced by The University Corporation - 
Sponsored Programs Department. 

Previous Sponsored Programs Bulletins are available at 
http://www.csun.edu/sponsoredprograms/news.htm

For questions and comments, please contact Georg Jahn at gjahn@csun.edu. 
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