UBalt and USM procurement policies are designed to provide for a procurement process of quality and integrity, broad based competition, fair and equal treatment of the business community, transparency of the process to instill public confidence in all aspects of the process, increased economy in the procurement process, and uniform procurement procedures. It is also UBalt policy to ensure that all persons involved with the administration of procurement policy are well trained, of high integrity and are committed to administering procurement in a fair and impartial manner in accordance with the requirements and spirit of Maryland law. These values promote the purposes of State procurement law, and strike a balance between needed institution self-management and the Board of Regents’ responsibility to govern the System.
On December 26, 2013, the US Government, Office of Management and Budget released the “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards“, commonly known as the Uniform Guidance, or 2 CFR 200, or UG. This Uniform Guidance sets out the administrative requirements for handling Federally funded grants and contracts. The Uniform Guidance consolidates and makes consistent the administrative requirements, cost principles and audit requirements formerly included in eight separate circulars. The University complies with the procurement standards approved by the US Government.
UBalt Procurement policies and procedures apply to all purchases made with University funds. Any expenditure from a University account (including PeopleSoft Requisition / Purchase Order and University Purchasing Card), regardless of the original source of funds, is subject to these policies.
A more complete overview of UBalt Procurement procedures is available, including a list of procurements that require special advanced approvals.
See the UBalt Procurement Policies and Procedures in the UBalt Policy Guide. The University System of Maryland Procurement Policies and Procedures may be found at
https://www.usmd.edu/regents/bylaws/SectionVIII/VIII300.html