What Is It?
In a continuing effort to streamline administrative costs and become more operationally efficient, Procurement & Business Services is moving the required use of NC State’s electronic MarketPlace for supply purchases to $1,000.
When Does It Go In Effect?
July 1, 2020
When Do I Use It?
For all supply orders below $1,000. If your items are not available in the MarketPlace, payment must be processed with a PCard.
Are There Exceptions?
The only exceptions to this requirement are:
- If your purchase was completed before July 1, 2020
- If the invoice being processed is a partial payment for an order whose total is over $1,000
- If the supplier will not accept PCard as a form of payment
To learn more, read the 3D Memo from the Associate Vice Chancellor, Finance and University Treasurer.
