Policy ADMA-PUR-010

Responsible University Administrator:

Vice President of Finance and Administration

Responsible Officer:Director of Procurement and Contract Services
Origination Date:N/A
Current Revision Date:02/20/13
Next Review Date:02/20/17
End of Policy Date:N/A
Policy Number:ADMA-PUR-010
Status:Effective

 

VENDOR MAINTENANCE PROCEDURE

PDF Version

 


Policy Statement


When it is determined that a new vendor will need to be added to the University’s Vendor Database, the following procedure will be followed.

Reason for Policy/Purpose


This policy is required for the effective communication of university policies regarding vendor maintenance.

Who Needs to Know This Policy


All members of The University of Southern Mississippi community.

Website Address for this Policy


www.usm.edu/institutional-policies/policy-adma-pur-010 


Definitions


 

  

Policy/Procedures


Procedure for adding new vendors to the vendor database

 

For New domestic vendors:

       a.            Vendor must complete a Vendor Registration Form available at http://www.usm.edu/procurement/forms.html

      b.            Vendor must complete a W-9 form (http://www.irs.gov/pub/irs-pdf/fw9.pdf)

       c.            Once Documentation is received, the Vendor Maintenance Specialist will log into the Federal Excluded Parties List System (EPLS), enter the vendor Social Security Number for Individuals or advanced search with Name, State/Country, or Tax Identification Number for vendors to determine if the individual/vendor is currently on the excluded parties list. If the search brings back no results, a copy of the search results are printed and filed with the vendor records. The vendor is then added to the vendor database. If the EPLS search finds a match, the vendor information is either returned to the requesting department or the vendor, informing them that the University cannot do business with the vendor until such time as they are removed from the excluded parties list. 

 

For New International Vendors:

 

If a determination is made by a University Department that an international vendor will need to be added to the University’s Vendor Database, the following procedure will be followed:

 

       a.            Requesting department is responsible for e-mailing the Foreign Corporation Information form and the W-8BEN form ( available at https://www.usm.edu/procurement-contract-services/accounts-payable-forms-and-instructions) to the prospective vendor. Once the department has received the completed form, it should be sent to the Office of Tax Compliance for review.

      b.            The Office of Tax Compliance will notify the requesting department of any additional IRS forms needed before the vendor can be added to the vendor database. 

       c.            Once all required documentation is received, The Office of Tax Compliance will send all necessary paperwork to the Vendor Maintenance Specialist who will follow the EPLS procedures described in section c. of the domestic vendor procedure prior to adding the vendor to the Vendor Database. 

  

Ongoing Vendor Verification Procedures

 

Monthly Vendor Validation

 

Once a month, updates to the excluded parties list are downloaded and compared to all of the university’s active vendors.  Any names that match are then searched in detail on the Excluded Parties List System.  If a USM vendor is found to match the EPLS, they are inactivated and no longer used.  If need arises for future use, they must first be cleared from the EPLS before being reinstated as active vendors.

 

The following websites are commonly used to find excluded individuals/entities:

 

https://www.sam.gov/portal/public/SAM/

https://oig.hhs.gov/fraud/exclusions/exclusions_list.asp

Review


The Director of Procurement and Contract Services is responsible for the review of this policy every four years (or whenever circumstances require immediate review). 


Forms/Instructions


N/A 

 


Appendices


N/A 

 


Related Information


N/A 

 


History


Amendments: Month, Day, Year – summary of changes

 

03/22/11: Updated.

11/01/11: Formatted for Institutional Policies website.

02/20/13: Formatted for template. Minor editing throughout.