VCU Procurement Services

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Upcoming RealSource Downtime

To accommodate the FY26 fiscal year-end closure process, the RealSource system will be unavailable starting Monday, June 29, 2026, at 5:00 PM. The system will be restored on Wednesday, July 1, 2026 or once Banner is back online. If you have any questions or need further assistance, please feel free to reach out. Business Solutions Team

Before Signing a Vendor Document

Departments may receive quotes, order forms, statements of work or other vendor documents that include a signature line. Please do not sign these documents unless you have delegated authority to sign on behalf of VCU. A signature may do more than confirm pricing. It may also accept vendor terms, renewal language, payment obligations, cancellation requirements […]

Index Reconciliations Update

Beginning in fiscal year 2027, the Finance and Research Dashboards are moving from the preferred method of documenting index reconciliations to the required method.  To request an exemption from use of the dashboards, email the Controller’s Office at [email protected]. The exemption request should include where your reconciliations will be documented and why this method is superior […]

Know Before You Buy: New Restricted Manufacturer Lookup

A handful of federal lists restrict purchases of equipment from specific manufacturers — even when you’re buying through a familiar reseller like Amazon Business, B&H, or Grainger. Drones, network gear, video surveillance cameras, and certain lab equipment are the most common cases. To make these easier to catch before checkout, we’ve put together a quick […]