Procure to Pay (P2P)

The matrix below provides a $ threshold guide to be used when procuring goods/services from an existing university supplier partner.  If you are attempting to make a purchase from a new supplier…or a supplier that is not currently in the Banner database…then please contact the Procurement Office before proceeding with your purchase.

 

Matrix Legend:  (1) = The most preferred method

                          (5) = The least preferred method

                          (NA) = Not Applicable (Maximum NUCard transaction limit is $5K) 

Procurement & Payment Methods Purchases of Goods/Services  ≤$5,000 Purchases of Goods/Services > $5,000 and <$10,000   Purchase of Goods/Services ≥ $10,000 
1. myMarketplace (Click Here) Most Preferred Procure to Pay (P2P) Method Most Preferred Procure to Pay (P2P) Method Most Preferred Procure to Pay (P2P) Method
2. NU Card (Purchasing Card) (Click Here) Not allowed to pay individuals for services rendered/ Consulting/ Honoraria/ Speakers N/A N/A
3. NU Card (Corporate Card) (Click Here) Not allowed to pay individuals for services rendered/ Consulting/ Honoraria/ Speakers N/A N/A
4. Requisition/ Purchase Order/ Change Order ( Click Here)

Only if required by supplier or NU Card not accepted

3 bids recommended

3 bids required

5. Direct Pay

Only if NUCard is not accepted by supplier and the supplier commodity is on the DPAY-Acceptable list here

Only if supplier commodity is on the DPAY-Acceptable list here

Only if supplier commodity is on the DPAY-Acceptable list here