VCU Procurement Services

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 […]

Effective July 1, 2026, the monthly cost for non-mandatory mail pickup and delivery services (alternate delivery) for VCU, VCU Health, and MCVP departments will increase to $66 per month. The current rate of $60 per month has remained unchanged since the service was first established through outsourcing in July 1996. This adjustment reflects operational cost […]

We invite you to share your appreciation and congratulations to Delois Alexander-Garnes, who will be retiring this summer after many years at G&C. Delois has been instrumental in helping with process improvements, training fellow team members and creating a collaborative environment both within our team and at VCU. We will miss having her charismatic personality around daily!  We […]

G&C is excited to share that we are moving to the Monroe Park Campus to cohabitate with the rest of our Controller’s Office colleagues at the Stagg & McAdams houses. All the same, we are going to miss being down the hall from our OVPRI colleagues in Biotech and on the MCV campus with our […]

Deadline: Friday, May 1, 2026 ⏰ As part of VCU’s annual ARMICS (Agency Risk Management and Internal Control Standards) process, departments are asked to review key financial activities, assess potential risks, and confirm that appropriate internal controls are in place. This process helps ensure our operations remain accurate, consistent, and well-documented—and we appreciate your role […]

The Controller’s Office and the Budget Office are working on updating the fringe rates applicable to fiscal year 2026. Formal rate approval was received on March 10, 2026, and is applicable to transactions incurred on or after July 1, 2025. Updated Fringe Rates Update Process – Controller’s Office Update Process – Budget Office The Budget […]

What is ARMICS?ARMICS (Agency Risk Management and Internal Control Standards) is a State Comptroller directive that ensures VCU’s fiscal processes are accurate, compliant, and well-documented. It sets expectations for internal controls, risk management, and proper oversight of financial activities. What this means for youARMICS helps make sure financial processes run smoothly and accurately. This means […]

Payroll Services will hold Quarterly Tuition Benefit Taxation Overview Webinars to assist employees in understanding how this benefit may impact annual taxes.Employees may register for an upcoming session via the below links. Future sessions may be found on the Employee Tax Updates section of the Payroll Services section of the Controller’s Office website.

As the semester winds down and winter break approaches, we want to take a moment to say thank you. Our SVP for Finance and Administration, CFO recently shared a message of appreciation recognizing the hard work and commitment of Finance staff across the university. We’re proud to echo that sentiment and highlight her words here.

Grants & Contracts (G&C) has updated several resources on the website related to post-award financial management for sponsored projects. The new pages include: Action Needed Before Winter Break To ensure requests can be processed before the holiday break, please submit the following no later than Monday, December 15: Requests submitted after December 15 will be processed as quickly […]