Procuring Goods and Services

 

NEW -  Important Information for Investigators with International Collaborations

Overview of Procurement

PURCHASING GOODS AND SERVICES

The purchase of goods and services in support of sponsored projects comprises the second largest activity. The two major procurement categories are

  1. Supplies
  2. Equipment

To make a purchase, a signed Purchase Requisition must be sent to Office of Grants Management. Requisitions are reviewed by the Grants Management Office for consistency with general regulations (eg: Cost Accounting Standards) and sponsor specific regulations.

IMPORTANT POINTS TO NOTE:

Policies
Review the Stony Brook's CAS disclosure and its policy on office supplies.

Equipment Purchase
For The Research Foundation, equipment includes items with acquisition costs of $5,000 or more and an expected useful lifetime of 2 years or more. The identification of an item as equipment subjects the item to an inventory requirement. Equipment inventory is managed by Property Control and is subject to Federal audit.

Insurance
The Research Foundation offers casualty and theft insurance on research equipment, the costs of which are allowed on most sponsored projects. The RF Equipment Insurance Guide is available as a PDF.

 

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