Blanket Order Comment Revised Per Capitalized Equipment Threshold Change [8/10/09]
PeopleSoft Blanket order comment "(POB 251- Blanket Order goods)" has been updated from $3,000 to $5,000 to reflect the recent change regarding the capitalized equipment threshold for moveable equipment.
Questions regarding the capitalization threshold, please contact DeeAnn Willis-Berry at 688-4788 or willis-berry.1@osu.edu or Robert Hunt at 688-4131 or hunt.377@osu.edu.
The comment will now read:
Requests for merchandise against this blanket purchase order will be ordered directly by the using department listed. Show the complete ten-digit purchase order number on your invoice. Limitations of use:
- Total releases may not exceed the total order.
- Honor no releases for equipment over $5,000.00.
- Honor no releases after order expiration date.
Only the Purchasing Department is authorized to change the provisions of this contract.
