Presentation Title | May 4, 2009 Internal Control Plan Procurement Contracts & Compliance

Presentation Title | May 4, 2009 Internal Control Plan - Procurement Highlights: ▸New UMass BuyWays Procurement System ▸Competitive Procurement Practices  Must use contract vendors when available ▸ProCard  May not be used for BuyWays Catalog Vendors  Reconciliation using the PAL ProCard Audit Log ▸Vendor certification on BuyWays  Update vendor file with vendor or fax number

Presentation Title | May 4, 2009 Internal Control Plan - Procurement ▸Expenditure of Funds  Sufficient current year budget authorization to meet the obligation ▸Training  Attend relevant Finance training classes ( ▸Guidelines for Work Related Employee Supplies and Services  Post Guidelines in Department's Central Areas  Distribute at the Internal Controls training session  Distribute at HR Orientation for faculty & staff