Purchasing threshold increased

Effective immediately, budget officers (fiscal agents), or their authorized designee, may purchase unrestricted items up to $4,999.99 without the involvement of the Purchasing Office. The $4,999.99 limit applies to any order to a single vendor and includes all shipping, handling or other charges. Orders $5,000 and over must be submitted to the Purchasing Office as a requisition. (The prior limit was $2,499.99.)

The new University policies are located under Section 7 – Fiscal Practices under the subheading “Purchasing and Accounts Payable” (7.3.1 – 7.3.14). Specific information on dollar thresholds and purchasing procedures is located at the Purchasing website.

The single purchase limit on departmental credit cards has been increased to $4,999.99. (More detailed information will be sent soon to department credit card managers.)

For questions or clarification, the Purchasing Office can be contacted at 438-1946 or ISUPurchasing@ilstu.edu.

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