Financial Management of Service Centers Policy Revised

UB Seal on Crosby Hall.

Published January 16, 2025

The university has updated the Financial Management of Service Centers Policy. The revised policy has been approved and signed by President Tripathi and is available in the University Policy Library.

Overview

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The University at Buffalo allows service centers to recover their costs by charging for goods and services provided, using billing rates established in accordance with this policy and the Service Center Procedures.  

All service centers must comply with Office of Management and Budget (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (2 C.F.R. 200) (Uniform Guidance).

Policy Revisions

The policy was updated to:
  • Establish service center procedures
  • Add a definition for Entity and Provost Designee
  • Add a responsibility for Departmental Service Center Management to:
       â–«  Request accounts for equipment replacement reserves; remove this responsibility from Financial Management
       â–«  Reconcile accounts receivable against service center accounts
       â–«  Comply with the Uniform Guidance
  • Establish responsibilities for the UBO
  • Remove the responsibility to review and approve service center billing rates from Resource Planning

Applicability

This policy applies to service center activities conducted through university accounts including State, RF, and UBF.

Guidance

Contact An Expert
Contact Phone Email
Financial Management 716-645-2660 ubs-fees@buffalo.edu
Ashley Butcher 716-645-1521 ambutche@buffalo.edu
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