Effective August 1, 2025, legislation impacting NDCC § 54-44.4-13.2 changes how ‘vendor pool’ contracts may be utilized. If the scope of work is less than $250,000 then UND can purchase directly from an awarded vendor. Recurring direct purchases from the same vendor are not allowed If the scope of work is greater than $250,000 then […]
During this past legislative session, SB 2084 amended laws found in North Dakota Century Code (NDCC) related to the reimbursement of lodging and travel by state employees in two important ways. These changes will be effective for travel occurring on or after August 1st, 2025. For IN-STATE LODGING: NDCC 44-08-04 will allow for 100% of […]
In accordance with IRS guidelines, the 60-Day Reimbursement Rule in UND’s updated Travel and Expense policy is now in effect. All reimbursement requests must be submitted within 60 calendar days of the return from travel (or the date of incurring the reimbursable expense, if not a travel expense). Reimbursement requests submitted more than 60 days […]
Jaggaer will be releasing upgrades to UND Marketplace this coming weekend. The site will be down beginning around 4.30pm on Friday 12th and the outage is expected to last most of the weekend. P&PS will put a ‘hold’ on all requisitions and invoices until the site is available (anticipated by 9am on Monday morning). While […]
Below is a summary of the remaining 2025 fiscal year-end deadlines: July 9: Last day to receipt a product to June 30 and have all invoice approvals completed for purchases made in UND Marketplace. Questions? UND.pps@UND.edu Last day for a June payment request to be approved by the department and routed to Payment Services for […]
Colleagues, Please be reminded of the following deadlines on Wednesday 9th July for posting to FY25 – Last day to receipt a purchase to June 30 and have all invoice approvals completed for purchases made in UND Marketplace. Last day for a FY25 payment request to be fully approved. Last day for a FY25 travel […]
Upcoming Change: Asset Capitalization Threshold Increasing on July 1, 2025
Categories: Uncategorized
June 25, 2025
What’s Changing? Starting July 1, 2025, the minimum dollar amount at which UND capitalizes assets will increase from $5,000 to $10,000. This change follows updates to North Dakota law and guidance from the North Dakota University System (NDUS) and the ND Office of Management and Budget (OMB). What Does This Mean? For UND’s financial statements: Asset […]
As we approach the end of the fiscal year, please ensure your department has completed any deposits for cash, check, and credit card received in June. Cash, checks, and credit card cannot be backdated! Friday, June 27th – All electronic departmental deposit forms and the delivery of the associated cash/checks are due in the dropbox […]
Question: What is Nelnet Storefront and how can my department utilize this product? Answer: Nelnet Storefront is a secure online payment portal that allows students and customers to pay for departmental products or fees using a credit card. Each storefront is assigned a unique link and webpage with information specific to the individual product/fee. Departments […]
At the close of business on Friday, June 20th, all requisitions for purchase orders (POs) will be held in UND Marketplace (Jaggaer) until July 1st to limit the number of purchase orders that need to be rolled to the new fiscal year. Open purchase orders will be “rolled over” (encumbrance moved from FY25 to FY26) if […]