PROCUREMENT CARD ESSENTIALS – please help CIRES stay compliant!
- Submit a monthly report within 30 days of the transaction being posted in Concur
- Adhere to the report naming convention: “Last Name P-Card Month Year” – please don’t deviate
- Provide a clear business purpose for each purchase
- Provide itemized receipts/invoices for each purchase, unless the transaction amount is $25 or less. Official function receipts are always required
- Avoid Split Purchase Violation: it is prohibited to split a purchase in order to circumvent Procurement Card limits
- Keep your card private: cardholders shall not share their cards or card numbers with other individuals for use
- Avoid being charged sales tax: when purchasing merchandise from either an in-state or out of state supplier and the shipping destination is Colorado, please use CU’s Tax Exempt number (#98-02565-0000)
For more details, please visit: https://insidecires.colorado.edu/finance/purchasing/monthlyReports.html; https://www.cu.edu/psc/procurement-card-handbook/procurement-card
If you have any additional questions or concerns, please contact Lin Yang at Lin.Yang@colorado.edu
