About TU


FINANCIAL SERVICES

Purchasing Goods/Services - The Spending Authority

Towson University's budget, as approved by the State of Maryland, provides the authority for all expenditures. State and university policies regarding allowable expenditures apply to all purchases, regardless of method of payment (VISA Procurement Card or traditional billing process) or source of funds (state-support, self-support, grant, or contract).

While anything priced over $5,000 must be obtained by submitting a purchase requisition to the Procurement Office, every university department has a ‘Spending Authority' under which goods or services valued at $5,000 or less may be purchased directly from a vendor by using the procurement card or direct invoicing from the vendor.

There are three basic ways to spend departmental funding.

 

 

Map

Emergencies
410-704-4444

University Police
410-704-2134

Closings & News
410-704-NEWS (6397)

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