Procurement is dedicated to helping the University meet its procurement and contracting needs through cost-effective means and leverage buying power to develop strategic supplier relationships. Our expertise ensures that procurement decisions will be made in the best interest of the University and in compliance with applicable rules and regulations.
Fiscal Year 2026 Information
The deadline to submit FY26 requisitions in PeopleSoft is 5:00 PM on Friday, June 19. Requisitions must be fully approved and in the Procurement queue by this time to be considered for processing. Procurement will make every effort to dispatch approved requisitions by Monday, June 29. Requisitions not fully approved or dispatched by June 29 will be cancelled and must be reentered after July 1, once the new fiscal year budget is available.
The OU Marketplace will close at 5:00 PM on Friday, June 26. All Marketplace orders must be submitted and fully approved by this deadline to be processed in FY26. Any unapproved Marketplace requisitions will be cancelled and must be resubmitted after July 1.
Fiscal Year 2027 Renewal Requisitions
FY27 fiscal year renewal requisitions and new FY27 agreements can be entered now using the FY Renewal status in PeopleSoft. Entering renewal requisitions early will allow Procurement to begin processing them promptly once FY27 budgets become available on July 1. More information on the renewal process can be found on the PeopleSoft training website.
