| Purchasing Department Notices |
Purchasing Bulletin Board |
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| Board of Regents Meeting Schedule |
| E-news |
| Late Payments to Vendors |
| Maintenance, Lease and Rental Agreements |
| Purchasing Seminars |
| Sales Scams |
| Dell Battery Recall |
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| E-news |
Purchasing E-news Past Issues Volume 1 (2004)
AVP&C News |
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| Late Payments to Vendors |
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Late Payment To Vendors - New Interest Rate - FY 2011
The FY 2011 interest rate applicable to late payments to vendors has been set at
.28% per annum, computed on a 360 day calendar, or
$0.00078 per $100 per day, which will be in effect July 1,
2010 through June 30,
2011.
This interest rate is provided by the State Treasurer based on the average interest rate for thirty day time deposits of State funds during the last calendar quarter of the last preceding fiscal year. (Titles 62, §34.72 and 74, § 840.14. and OSF Prompt Payment Rules/Regulations)
Link
– Posted 10/08/10
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| Maintenance, Lease, and Rental Agreements |
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New Procedure for agreements of $5000 or less. - Posted 07/16/07 |
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| Purchasing Seminars for Faculty and Staff |
| The next regular Purchasing Seminars will be:
Tuesday, June 2, 2009 from 2:00 – 4:00 in room 412 of the Student Union
Tuesday, August 4, 2009 from 9:00 – 11:00 in room 412 of the Student Union
Tuesday, November 3, 2009 from 9:00 – 11:00 in room 412 of the Student Union
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| Sales Scams |
Purchasing has received notice from a department that a company has
been using devious methods to obtain payments and commitment for
additional payments. Apparently this company will record your
call if you phone to question an invoice and play back part of the call
later, when it is again questioned, as proof of purchase. The
complaining department also claims that a check from this company has
been received and inadvertently deposited. This action commits
the department for further charges in a familiar scheme. A quick
web check indicates that other organizations have had similar
experiences with this company.
Be alert to such scams. Every invoice should have a purchase
order number that can be easily verified otherwise it should be
discarded. If the company cannot produce a purchase order number
for the purchase they have no sale. Posted 03/16/04,
edited 7/9/04.
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| Dell Battery Recall |
| For information about the Battery Recall issued by Dell please click the link below. |
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