July 2018

Happy New Year!

1. Year End
2. Purchasing News
3. Changes in Federal Funds Purchasing Policy

 

1.YEAR END 
Fiscal 2019 Budgets
Carryforward budgets have been loaded for those funds that roll over. However keep in mind that adjustments to these carryforwards will be made until mid-July to reflect final Fiscal 2018 spending.

 

2. PURCHASING NEWS
Please see attached Purchasing News for information on the Purchasing Portal (CTW OneSource), WB Mason price changes, Ricoh copier guidelines, Andorama, and Verizon and XL Center discounts for faculty and staff.

 

3. CHANGES IN FEDERAL FUNDS PURCHASING POLICY
Effective July 1, 2018 the threshold for needing 3 bids has been raised from $3,000 to $10,000.  For more information, please see the updated policy at http://www.wesleyan.edu/finance/grants/federal_purchasing.html