[Blueboard] Revised Procurement Threshold

cao at admu.edu.ph cao at admu.edu.ph
Fri Dec 3 16:01:39 PHT 2010


December 3, 2010

Memo To	:	University Community

From	:	Central Accounting Office

Subject	:  	Revised Procurement Threshold
___________________________________________________________________________

Effective December 6, 2010, the maximum amount for procurement of  
goods and services that can be handled by school, auxiliary and  
service units has been increased from P8,000 to P15,000.

Accordingly, procurement of (a) goods and services amounting to more  
than P15,000, and (b) items listed under the units? New Equipment  
Budget for FY 2010-2011, regardless of the amount, will still be  
handled by the Central Purchasing Office (CPO) through the Purchase  
Requisition process.

In view of this, we will revise provisions of the 2007 Accounting  
Policies and Procedures Manual.  The revised provisions will read as  
follows:

Section 6 ? Disbursement Payments; Subsection No. 2.0 ? Non-Order Invoices
3.1 Non-order invoices (with no purchase order) are generally for  
supplies valued at P15,000 or less and services such as utilities,  
telephone, professional and consultancy fees, catering services,  
rental and advertising, which the operating unit directly procures.

Section 6 ? Disbursement Payments; Subsection No. 3.0 ?Check Requests  
Covered by Purchase Order.
3.1 Check requests for payment of sales invoices (with purchase order)  
are generally for supplies and services valued at more than P15,000,  
such as equipment, contracted services for major repair or  
improvements, which the Central Purchasing Office procures for the  
operating units.

For questions and clarifications, please call Mrs. Annie Balanag at loc. 4147.



Aileen D. Torres
Asst. CAO Director and OIC



Approved by:


Jose F. Santos
Vice President for Finance and Treasurer


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