The Office of the Vice President, Chief Financial Officer, and Comptroller announces updates to 7.3 Purchase Orders and Restricted Items and Purchase Requiring Special Approval updating recommended PCard purchasing limit from up to $4,999.00 to $7,500 or less.
Highlights Include:
- The recommendation is to use iBuy Requisitions or PCard for most purchases of $7,500 or less.
- Purchases of more than $7,500 must be made using iBuy.
- Software and electronic services of $7,500 or less may be purchased with a PCard if requirements are met and forms are filed.
Contact
If you have questions about the updates to the policy, please contact the CFO Business and Finance Policy Office at busfinpolicyoffice@uillinois.edu.
