Tag Archives: Regs

GASB 96, a New Governmental Accounting Standard For Subscription-Based Information Technology Agreements (SBITA)

Per GASB 96 effective for fiscal year 2023 we must identify and start reporting on any subscription based IT arrangements (SBITA). This is retroactive, meaning we have to not only do this for any new agreements we enter into, but … Continue reading

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March 2023 BPAG Minutes Are Available

The BPAG minutes from the March 10, 2023 BPAG meeting are now available on the Financial Services Technology Support website. March 2023 Meeting Minutes Contract Signature Authority and Contract Review GASB 96, a New Governmental Accounting Standard For Subscription-Based Information … Continue reading

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Momentum Newsletter – Spring 2015

“The Spring 2015 issue of Momentum is here! We have a lot of exciting news to announce – Updates on Ushop, P2P, Government regulations, and an introduction of some new (and familiar) faces in FS. Click here to view!”

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Multi-Stage Bid and Request for Proposal (RFP) Training

Training by the Purchasing department on writing an exceptional solicitation that meets the new Procurement Code requirements for multi-stage bids and RFP’s will be presented on May 22, 2013. The session will be from 9:30 to 10:30 AM with 30 … Continue reading

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Crucial Purchasing Changes – Additional Session

An additional Crucial Purchasing Changes training session has been scheduled on Tuesday March 12, 2013 at the Spencer Fox Eccles Business Building (SFEBB). There is also a session on Friday March 8, 2013 at the Film and Media Arts Building … Continue reading

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P-Card Program Update – Small Dollar Purchases

Change in State Law: The Utah Legislature revised the Utah Procurement Code (laws affecting the University of Utah purchasing practices) during the past legislative session. Most of the changes become effective on May 1, 2013. The Purchasing Department is working … Continue reading

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Changes to Policy 3-234 and 3-100 approved 4/12/2011

On April 12, 2011, the Board of Trustees approved a new revision of Policy 4-005: Use of Personal Telecommunications Services. Changes to this policy included reassignment of paragraphs from 4-005 that were unrelated to personal telecommunications services and thereby affected … Continue reading

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New Revision of Policy 3-111 Approved

On March 8, 2011, the Board of Trustees approved a new revision of Policy 3-111: Service Contracts with Individuals and Other Legal Entities. Please circulate this information to appropriate persons in your area. Implementation: Immediately This policy has been revised to … Continue reading

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New Rules: Travel Per Diem and Equipment Leasing

The following two Rules have been approved.  Read below for implementation dates and a brief description of changes.  Please circulate this information to appropriate persons in your area. NOTE: Administrative Rules carry a level of import that requires considering them … Continue reading

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FBS Clarifies Procurement Policies

NEW PROCEDURE – Policy 3-100, in reference to Section III.D.2. (Vendor prepayments) This section of University Procurement Policy addresses certain procedural issues related to advance vendor payments, which are generally not allowed.  The new procedure clarifies which approvals are necessary … Continue reading

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