Uniform Guidance Update
On July 30, 2018 The University of Alabama (UA) received approval from its cognizant agency for cost, the Department of Health and Human Services, to use the State bid threshold of $15,000 as its federal micro-purchase threshold. Purchases greater than or equal to $10,000 will no longer require additional documentation of competition and, instead, will follow standard policies and procedures related to competition. Other additional requirements for purchases from sponsored project funds (e.g. allowability, consistency, approvals) remain in place. Should you have any questions, please contact Contract and Grant Accounting.
As allowed by FAQ 313-2, the University will not change its equipment inventory systems or the data elements contained in those systems as they are in compliance with the current requirements in Circular A-110.