草莓视频

Spend Reporting

SPEND REPORTING 鈥� "USF COLLEGES/ DEPARTMENTS"

• Monthly reporting for certified business enterprises is no longer required at the college or department level.
• Tier 2 spend reporting is replaced with a focus on small, local businesses only, submitted on a quarterly basis.  To clarify, "Tier 2" refers to subcontractors who do not have a direct contract with the 草莓视频 (USF).  Departments should submit spend reports when tier 2 spending is known. If no tier 2 spend takes place, no report or notification is required.

As USF is a significant economic driver for the region, please continue to engage our local small businesses with sourcing opportunities as appropriate.

SPEND REPORTING FORM 鈥� 鈥淐ONTRACTORS/SUB-CONTRACTORS (TIER 2 SPEND)鈥�

Quarterly Tier 2/Sub-Contractor Spend Reporting Instructions

Use this template ABOVE to report your project's quarterly Tier 2/Sub-contractor spend data for USF.

Report the actual amount paid to the diverse-owned contractor for the specific reporting quarter:

• Q1: January 鈥� March (Report due April 15)
• Q2: April 鈥� June (Report due July 15)
• Q3: July 鈥� September (Report due October 15)
• Q4: October 鈥� December (Report due January 15)

Example: If a contractor received an invoice for $250,000.00 on January 20 to complete engineering services but was paid $30,000.00 during the first quarter for work performed, only report the $30,000.00 in your Q1 submission, due April 15.

Submission Guidelines:

Submit your spend reporting form by the 15th of the month following each quarter to supplier@usf.edu.

Use the following subject line format when submitting: "SPEND REPORT 鈥� [ENTER YOUR PROJECT NAME] (QX/YY)" (where QX represents the quarter and YY represents the year)
If you need assistance in locating a diverse supplier,  please visit BullMarket Place and narrow your search by CBE classification or reach out to Supplier Development and Engagement at supplier@usf.edu.