Any vendor providing a service on University property must provide a current certificate of insurance meeting the University’s requirements, including listing the Curators of the University of Missouri as an additional insured. Providers of some additional services such as transportation of University students, faculty, or staff must also provide a certificate of insurance. The certificate of insurance must be on file in UMKC Campus Procurement prior to the service being provided.
Campus departments can contact UMKC Campus Procurement at extension 1371 to ask if a current certificate of insurance is on file for the vendor providing the service. If a certificate of insurance is not currently on file, the requesting department and UMKC Campus Procurement will work together to get a certificate of insurance.
Requisitions for work already done by a company who has not provided a current certificate of insurance will be held until the campus department who requested the work has provided the necessary certificate. No payment can be made until the certificate of insurance is on file and the requisition has been approved.
We have also made available a document listing the University's insurance
requirements.
An internal loan program has been established by the University's Investment and Banking Office and is available to campus departments for use on purchases of $5,000 or more. At a current rate of 6.0 percent, the program can represent a considerable savings over vendor lease/purchase rates and can allow a purchase to be made with payments spread over fiscal years.
The period of time for repayment is not to exceed the estimated useful life of the equipment being purchased (generally 3-5 years). Once established, the loan payments will be automatically charged each month to the designated chartfield.
Contact the UMKC Purchasing Department at 1371 if you would like further information on this program. Upon request, Campus Procurement will run amortization reports for determining monthly payments.
Purchases from Minority and/or Woman Owned businesses are encouraged. Additional information may be found at http://www.umsystem.edu/ums/departments/fa/management/minbusdev/.
A copy of the University of Missouri’s tax exemption letter is available on the web at http://www.umsystem.edu/ums/departments/fa/management/travel/tr108.htm.
The state of Kansas has provided a letter acknowledging UMKC as a tax-exempt institution. Kansas merchants should accept this acknowledgement and not charge tax. Contact Procurement for a copy of this letter.