The Office of the Vice President, Chief Financial Officer & Comptroller announces the Conflict of Interest policies at 7.7, 7.7.1, and 7.7.2, and the additional resources for the Conflict of Interest Review Process and the Purchase Order Hold Process have been updated as follows:
• The purchase threshold amount has been raised from $50,000 to $100,000
• Clarification has been added regarding identifying potential prohibited vendors via the RNUA for UIS, UIUC, and System departments via the UIC Research Process for UIC departments.
• A “Potential Conflict of Interest Hold” will be placed on the vendor’s profile in iBuy while being assessed for a conflict of interest.
• A link to the Illinois Administrative Code has been added to the Additional Resources for each section.
Contact
If you have questions about the rewritten policy, please contact the appropriate Purchasing and Contract Management or System Purchasing and Support Services office using the contact information below.
