Cornell University’s Board of Trustees delegates significant procurement authority for the acquisition of goods and services from external sources on the university’s behalf. This authority is ultimately delegated to designated purchasing agents and contracting officers. These stewards of university funds must base such purchases on sound business practice, best value, accountability, and compliance with donor, sponsor, and regulatory requirements. Further, the university expects individuals making purchases to follow the principles referenced in this policy, as well as the procedures described in the university's official Buying Manual.
Note: This policy incorporates the following previous university policies: 3.5, Paying for Services (Independent Contractors/Consultants); 3.5.1, Service Provider Payments (Independent Contractors/Consultants)-Weill Cornell Medical College; and 3.12, Procurement Card.
Your local college or unit administrative office or the Procurement and Payment Services.
Violation of a financial policy should be reported to your supervisor, your human resource representative, unit manager and/or the office responsible for the policy. Where these resources are inadequate, you may choose to make an anonymous report through the Cornell University Hotline.
12/04/2019: Updated Travel and Meal Card guidance, Purchases with Special Requirements, and Appendix C: Payment Methods. Added new section regarding university travel and meal credit card program to define program eligibility and cardholder responsibilities.
01/09/2019: Replaced "Vice President for Financial Affairs" with "Executive Vice President and CFO" as Responsible Executive.
09/06/2018: Replaced contact for Procurement Card in WCM Contacts.
03/29/2018: Updated URLs, office titles, and contact information throughout.