FY25 Renewal Information
PROCEDURES AND DEADLINES FOR RENEWING OR ESTABLISHING ANNUAL ORDERS IN IBUY FOR FY 2025.
The following information includes policy changes in annual orders, procedures and deadlines for FY2025 renewals, establishing new annual orders and purchase recommendations for Board of Trustees approval.
FY2025 opens on December 4, 2023 in iBuy.
Annual standing orders for FY 2025 will NOT be established for:
- Orders that have not had any expenditure in the last fiscal year;
- Orders for iBuy catalog vendors for which strategic contracts have been developed; see iBuy for a complete list of vendors.
- Orders for competitors of iBuy catalog vendors.
For more information including buyer renewal assignments please visit the links below:
It is essential that departments submit requisitions in a timely manner to allow sufficient time to process Invitation for Bids (IFBs) and Request for Proposals (RFPs), prepare recommendations for the Board of Trustees, if necessary, and obtain necessary approvals to issue an annual order by July 1, 2024.
Failure to submit requisitions by the required deadlines will result in requisitions not being completed prior to July 1, 2024.
Note: Please feel free to submit annual requisitions in advance of the above due dates.