The University purchases goods and services for business purposes in furtherance of its mission. There are several acceptable procurement methods:
purchase order,
Check Request,
Procurement card.
A purchase order represents a commitment of University funds. It is a contract between the University and a vendor for the sale and purchase of goods or services.
Note: Vendor must be established in SCT-Plus (FRS) before purchase order can be issued. . If unable to locate vendor in FRS, please contact the Purchasing Department.
Except as provided for in the Renovations to Facilities Policy, University funds may be committed in accordance with the following thresholds:
| Title | Authorization Limit |
|---|
| Department Chairs and Principal Investigators | Not to exceed $9,999.99 |
|---|
| Directors, Deans, Associate/Assistant Vice Presidents | Not to exceed $19,999.99 |
|---|
| Vice Presidents | Not to exceed $39,999.99 |
|---|
| President | $40,000.00 and greater NOTE: Small purchasing authority as defined by KRS 45A.100 currently established at $40,000.00 |
|---|
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