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A Local, Small Business Option for Office Supplies

Union Office Supply a small family-owned business based in Wilmington, is an MIT Preferred Supplier* for office supplies, offering next-day on-campus delivery, competitive prices, and special-order services. The Union Office punchout catalog is available on Buy-to-Pay and features a full range of office supplies and thousands of recycled and sustainable…
Publication Date
2/16/2023
News

FAQs: Uniform Guidance Procurement Standards—Effective July 1, 2018

FAQs: Uniform Guidance Procurement Standards When is the new purchasing policy in effect? Uniform Guidance procurement standards went into effect on July 1, 2018. As a recipient of federal research funding, MIT must procure goods and services in compliance with the Office of Management and Budget ’s (OMB) Uniform Guidance. As sound guidance and practice, VPF is adopting this framework…
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Stakeholders

VPF Strategic Sourcing has signed on three local companies— Access Tent, Christian Party Rental, and PEAK (formerly Peterson Party Center)—as MIT Preferred Suppliers for tent rentals and related event needs. “These three highly experienced suppliers offer more than just the tent over your head,” reports Pam O’Neil, VPF Senior Strategic…
Publication Date
9/27/2017
News

Two Years and Counting

In 2018, MIT adopted the Uniform Guidance framework for its purchasing policy for all purchases made at the Institute. VPF implemented these Uniform Guidance procurement standards and introduced a new online Selection of Source form to document the steps taken when selecting a supplier for purchases exceeding $10,000. VPF’s buying…
Publication Date
10/1/2020
News

Purchase Manual

A document that stipulates rules and prescribes procedures for purchasing with suppliers and other departments.

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Lead Time

The time that it would take a supplier to deliver goods after receipt of order.

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Welcome to the Office of the Vice President for Finance at MIT

VPF is charged with the stewardship of the Institute’s financial resources for 21st-century innovations in education and research, in Cambridge and around the world.

VPF Announces New TMC: Changes Coming to MIT Travel

After an extensive review of MIT's travel needs, incorporating stakeholders and input from across the Institute, MIT has awarded Blockskye a contract to be the Institute’s new travel management company (TMC). Click to read more.

Coming Soon: New Timesheet Entry Application

In response to MIT community feedback, the Institute has been revamping our Timesheet Entry and Approval applications to address some of the most common pain points. Click to read more

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Introducing Procurement Services and Supplier Search

VPF's new Procurement Services website and Supplier Search tool are now live! If you've bookmarked our former pages for buying, paying, travel, and Supplier Search, you'll be redirected to the new properties. Click below for the new Procurement Services and Supplier Search experience.

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