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a LOW-VALUE PURCHASE AUTHORIZATION LIMITS INCREASED TO $4,999

This message is from the BFS User Mailing List

LOW-VALUE PURCHASE AUTHORIZATION LIMITS INCREASED TO $4,999

Effective April 1, 2007, Procurement Services has increased the Low-Value Purchase Authorization (LVPA) Transaction Limit from $2,500 to $4,999 per transaction (including tax but not freight costs). This policy change comes after an evaluation of the operational effectiveness of the low value procurement process and related risk factors.

BluCard limits can also be increased to $4,999.99 per transaction (including tax AND freight costs), but this is not automatic. If you are the Authorized Signer or Delegated Signer for your processing unit, the Memorandum of Agreement (MOA) between Business and Administrative Services and your department grants you a delegation of authority to approve changes to the procurement card in your processing unit, including setting new credit limits. Please submit a CAF form should you wish to make these
changes:
http://businessservices.berkeley.edu/HtmFiles/bluCardForms.htm.

Policy regarding Restricted Items remains unchanged for both LVPA and
bluCard:
http://businessservices-qa.vcbf.berkeley.edu/HtmFiles/RestrictItems.htm.

For questions regarding the LVPA program, please contact your Central Procurement Services Buyer, or the Procurement helpdesk:
prchhelp@berkeley.edu or 642-7378.

For questions regarding the bluCard program, contact bluCard@berkeley.edu or 643-8201.

Last updated: April 11, 2007


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