Overview

State operating funds and IFR funds are covered by the State Finance Law and Flexibility Legislation applicable to the State University. These laws and regulations apply to all University departments and activities using State Operating and IFR Funds. Following are specific requirements that apply to these funding sources.

Please note:

• Estimated order times vary based on workload, timely response by department if questions arise, timely response of vendor for insurance documentation or exhibit submittal as dictated by dollar threshold, time of year and additional terms and conditions required by vendor. If additional terms are required by the vendor SBU must ensure those T & C's conform to NYS statutes and are acceptable to the NYS Attorney General and NYS Office of the State Comptroller (where required) upon post audit.
• State purchase of requirements exceeding $2,500 without competitive bidding may be made under the situations listed below only after approval is granted by the appropriate campus designee: 
  1. Sole source, single source and/or proprietary purchase.
  2. Emergency purchase (unanticipated purchase required to protect personal safety, life or property).
  3. Small Business, New York State Certified M/WBEs.
  4. Centralized State Contracts.

For more details, please go to State Purchasing FAQs