New Federal Uniform Guidance Procurement Regulations Implemented
The University of Michigan (U-M) implemented new federal Uniform Guidance (UG) regulations for procurement on July 1, 2018.
When the UG went into effect in 2015, it combined a number of individual circulars from the U.S. Office of Management and Budget (OMB) into a single regulation aimed at increasing financial accountability and transparency. However, the procurement changes were delayed until July 1, 2018.
Fortunately, U-M's procurement policies have historically been closely aligned to federal requirements, so the impact of the new regulations is fairly minimal.
Key Takeaways
There are a few areas in procurement that deserve emphasis given the recent implementation of the new regulations.
Micropurchase Threshold—The micropurchase threshold is $10,000, again, the same as U-M's current bid limit.
Public Bidding—The UG requires public bidding for all purchases over $250,000, beginning October 1, 2018, because the UG's Simple Acquisition Threshold was raised to that amount.
Conflict of Interest—For federal projects, conflict of interest includes the university employee and the employee’s immediate family. U-M's Standard Practice Guide (SPG) section 507.01 does adhere to the UG.
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Constance Colthorp, Communications Manager orsp-sponsored-programs-communications@umich.edu
Research - Office of Research and Sponsored Projects (ORSP)
Finance - Sponsored Programs Office (Sponsored Programs)
