This is your periodic newsletter from the Office of the Chief Financial Officer, Charles M. Peccolo.


Purchasing

Staples discount savings
In accordance with the terms and conditions of our current contract with Staples, the university receives an additional discount based on the average order size (AOS). Click to find how to help the university get the additional discount.

UT and Fisher Scientific sign contract
Recently, the University of Tennessee and Fisher Scientific signed a contract making them the primary approved supplier for research laboratory supplies, chemicals and equipment. Click here to learn more.

Travel

Update on free airline tickets
Earlier, the Office of the Treasurer announced that through our agreements with United and American Airlines, the university had earned several certificates that could be redeemed for free airline tickets. Many of these certificates have already been claimed. Click here to find out how much UT has saved on airline tickets and how many certificates are left.

Office of the Treasurer

Announcing personnel changes
The University of Tennessee’s Audit and Consulting Services, Office of Trademark and Licensing, Purchasing Office, and Office of the Treasurer are welcoming new employees and employees in new roles. Click here to meet them.

Office of the Treasurer

Vendor showcase presented at UTC

A vendor showcase was held on the University of Tennessee at Chattanooga campus on December 2.  The UT Office of the Treasurer, System Human Resources Office, and the UTC Finance & Operations Office organized the showcase which featured many of the vendors who provide goods and services to the university. The vendors provided great doorprizes - click here to see the lucky winners.

UTC Vendor Fair

Update to Entertainment, Food Purchases, and Group Arranged Events Fiscal Policy
Treasurer Charles (Butch) Peccolo has announced that the following fiscal policy has been revised. The policy is effective February 1, 2012. Click here to see what has been updated.


Update to Credit Card Processing Policy
Treasurer Charles (Butch) Peccolo has announced that the following fiscal policy has been revised. The policy is effective March 1, 2012 and is now on the policy web site. FI0311Credit Card Processing Policy– This policy was created to address credit card processing. All university business managers whose faculty and staff process credit cards should read and understand the guidelines provided in this policy.
Fiscal Review Committee expands to include goods
The Fiscal Review Committee has expanded the scope of non-competitive contracts. Click here to learn more.

2011 Report of the Treasurer posted
The 2011 Report of the Treasurer is now available. Click here to read it.

 

Contracts

New master agreements finalized
Contract Administration has recently finalized three new master agreements with GE Healthcare, the Knoxville Hilton, and Park Vista in Gatlinburg, TN.  Click here to learn more about these master agreements.

Court ruling serves as a reminder about contracts
A University of Memphis professor made a mistake that could cost the university more than $1.7 million dollars – all because the professor signed a contract that he was not authorized to sign. Click here to learn more about this expensive lawsuit and how to avoid it.

New standard contract form finalized with Club LeConte
The Contracts Administration office has finalized a standard contract form with Club LeConte. Click here to learn more about this and other contract templates.
Accounts Payable

P-card  Reminder
The First Tennessee
P-cards will no longer work after February 27. Please pick-up your new Bank of America card from your business office before then. Also, be sure to update any direct billings that you have established.

New requirement for vendor requests
A new requirement recently went into effect that requires all new vendor requests to have the vendor’s W-9 form scanned and attached in IRIS. This new policy is in accordance with IRS guidelines. Additionally, any requests sent to the Treasurer’s Office for  payment (T-27 forms, contract invoices, etc.) requires a scanned W-9 form. Click here to learn more about this new requirement.

New procedure for processing conference/registration payments
(Knoxville campus only)

The Treasurer’s Office now requires all T-30 forms/conference invoices to be scanned and attached to the travel expense report in IRIS. Click here to find out why.

Reminder: items that go to the Treasurer's Office for processing
Please remember that certain items should go to the Treasurer’s Office (or campus or unit business office) for processing.  Click here for to see what these items include.

Copyright © 2012 Office of the Treasurer, University of Tennessee, All rights reserved.
Email Marketing Powered by MailChimp







Sent to <<Email Address>> — why did I get this?
unsubscribe from this list | update subscription preferences
Office of the Treasurer, University of Tennessee · 301 Andy Holt Tower · Knoxville, TN 37996-0100
Email Marketing Powered by MailChimp