The processes and procedures documented in this Buying Manual have been developed to achieve responsible stewardship of university funds, and are based on sound business practices, best value, accountability, and compliance with donor, sponsor, and regulatory requirements. For additional procedures, see the Standard Operating Procedures for KFS e-docs.
The Buying Manual is accessible by Cornell University staff members only.
|Sections Revised||Information Modified|
|January 15, 2015
||615||New section for artwork loans and purchases for the Herbert F. Johnson Museum of Art
|December 22, 2014
||307||New section for Special Consideration for FTC/BSC Cardholders|
|700||Clarification regarding contracts|
|801||Revision for item receiving|
|October 17, 2014
||304||Revised explanation of conditions for automatic pcard account closures.
|September 10, 2014
||205||Added table on when a W-9 or W-8BEN is required; updated IRS requirements; added DV vendor setup and approval process
|302||Clarified prohibition on payments for services on procurement card
|405||Updated standard insurance requirements
|408||Added life-cycle cost analysis
||Clarified contract review and signature responsibilities
|700||Updated procurement decision flowchart
|December 9, 2013||203||Revised services eligible for DV payment.|
|700, 701, 702||Decision flow chart updated to reflect changes to section 203. Service Provider Evaluation Worksheet must be attached to the requisition. New contract available for entertainment-related services.|
|408||New section for ENERGY STAR.|