Revised Procurement Policy Effective January 1, 2021

The updated Procurement Policy, effective January 1, 2021, has been posted to the Financial Policy Office website. You may also access the documents and additional resources through the Office for Sponsored Programs Procurement Policy webpage. Additional resources include:

In the future, the additional resources will include a decision table for when the VJF or Debarment Form is required.

Automated workflow processes and emails around VJF and Debarment Form requirements have been implemented into the Buy-to-Pay system.

Additional training on the policy updates will take place virtually on February 22, 2021. Please register through HTP.

Updates to the policy include:

  • An increase in the Micropurchase Threshold (MPT) from $10,000 to $50,000.
  • Debarment Forms are only required for purchases on federal contracts equal to or greater than $35,000. Visit the OSP Procurement Policy webpage for information on finding the funding instrument for sponsored awards.
  • VJFs must be completed for all purchases with federal funds greater than $50,000, even if the purchase is with a preferred vendor.
  • All federal purchases equal to or greater than $35,000 or over $50,000 will require an electronic acknowledgement in the Buy-to-Pay system to ensure the requestor has considered, and completed if necessary, VJF and Debarment requirements.

For questions, please contact Christyne_Anderson@harvard.edu.