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415 E Clark St Suite 116
March 6, 2017
To: Budget Managers
From: Lisa Butler, Director of Procurement and Materials Management
Re: Fiscal Year End Procurement Deadlines
Please review the fiscal year end procurement procedures and schedules, and distribute to the appropriate personnel in your department.
It is essential that departments submit requisitions in a timely manner to allow sufficient time to process competitive solicitations, prepare and review briefing papers for the Board of Governors approval, if necessary, and obtain necessary authorization to issue a purchase order prior to June 30, 2017. Requisitions received after June 22, 2017 will be held for processing until July 1, 2017. If there is an emergency requisition, please contact the Procurement office at 543-4001 and we can discuss issuing the purchase order.
Requisitions $4,999 and below
In order to ensure timely processing of requisitions $4,999 and below, please submit your requisition with applicable electronic departmental approval(s) by end of day on June 22, 2017.
Requisitions $5,000 and greater (for entire contract period)
Requisitions requiring competitive bidding for commodities and/or services for delivery and installation to be completed by June 22, 2017 must be electronically entered and show electronic department approval according to the dollar amounts and dates listed below. If you are uncertain about delivery and installation lead times, you are encouraged to submit your requisition as soon as possible.
Purchase Request Amount Requisition due to Procurement
$50,000 to $199,999 May 1, 2017
$5,000 to $49,999 May 15, 2017
Adhering to these established deadlines will ensure that Procurement is able to complete your transaction by June 22, 2017. Purchase orders issued after June 30, 2017 will be charged to your Fiscal Year 2018 budget. If you have any questions, please contact me at 543-4523.