Media Captioning, Transcription and CART services

Payment and Processing Methods

• When using a contracted provider, the One Card can be used for payments up to $5,000. 
• Purchases over $5,000 require a PeopleSoft non-catalog requisition. 
• If not using a contracted supplier, purchases between $5,000 and $10,000 require a PeopleSoft non-catalog requisition. 
• Purchases over $10,000 require competitive quotes, or written bid requests with detailed specifications prepared by UM Procurement.  
• If you will be making several small purchases from the same supplier, and the total amount will exceed $10,000 in a 12-month period, a competitively bid contract may be appropriate. Consult with the Sourcing Contact listed for assistance.
• When a University purchase order is issued, invoices with the PO# clearly notated should be sent to Accounts Payable for processing.