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UFS

 

Weekly Bulletin No. 836

Tuesday 3rd November 

Vulnerable Period Heading

CUFS availability - Vulnerable Period Thursday 5th November

CUFS will be unavailable during the vulnerable period of 7am to 9am on Thursday 5th November

This time will be used to renew the University's SSL certificate for Science Warehouse

Issued by Lesley Dent - System Administrator

Marketplace heading

Marketplace Availability - Thursday 5th November

The SSL certificate that grants access to the Marketplace needs to be renewed during the vulnerable period as stated above.

Users will be unable to access the Marketplace on Thursday 5th November between 00:01: and 9am.

Issued by Lesley Dent - System Administrator

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Procurement heading

Update: Gases Framework Agreement extension and associated price increases

The IUPC Gases Framework has been extended for a final 12 months to November 2021. Further to last week's bulletin, we have received the following price increase notifications from suppliers, applicable from the 1 November 2020:

  • AIR LIQUIDE UK LTD (Supplier No: 61616) pricing will remain as per the February 2020 price increase, until February 2021.
  • AIR PRODUCTS PLC (Supplier No: 60198): 7.8% Increase to all nitrogen products, with 4% increase on cylinder rental;
  • BOC LTD (Supplier No: 60444): 4.5% increase to all prices across the agreement Lots;
  • FTI LTD (Supplier No: 174380):  No increase.

Issued by Helen Stuckey - Procurement Services

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 FUG banner

Reminder: Financial User Group - Friday 6th November

The next Financial Users Group will be held via Microsoft Teams

Everyone is welcome, just click on this link at 10am on Friday 6th November to join in or sit back and listen.

The agenda, papers, future dates and previous recordings are available here.

Issued by Lesley Dent - System Administrator

 General Finance heading

Cambridge University Endowment Fund – Notification of Revaluation & Purchases & Sales

Revaluation as at 30 September 2020
Please note that the Cambridge University Endowment Fund has been revalued as at 30 September 2020.

CUFS has been updated to reflect the new valuation in the October 2020 accounting period.  The new Unit value is £58.88 (rounded). The unit value at the end of the previous quarter was £58.41 (rounded) which represents an increase in value of 0.80%.

Purchases & Sales
Unit purchases and sales as at 30 September 2020 will also be processed within the CUFS October 2020 accounting period. Contract Notes for purchases & sales will be despatched in due course.

Next Quarter
Could all non-Trust Fund purchase and sale requests be sent to treasury@admin.cam.ac.uk.

All Trust Fund requests should be sent to UFS_TF@admin.cam.ac.uk.

The deadline for the requests to be received is the 14th December 2020.

Queries: Any queries should be addressed to treasury@admin.cam.ac.uk, Treasury & Investments, Finance Division, Ext 64216

Issued by Scott Maclaren - Treasury & Investments

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Training header

Forthcoming courses (via Teams)

Grants 2: Grants Reporting using Cognos, Tue 17 and Wed 18 Nov

Learn about frequently used Grants reports, using Cognos as the tool. We’ll be covering standard consolidated, summary and detailed reports. Completion of the Cognos Intro course is a prerequisite.

Quick Tip: CUFS iProc Marketplace Favourites and Saved Baskets

Save time by setting up a list of frequently ordered products, or even a basket for regular orders. Then share your saved basket(s) with colleagues so they can put the order through when necessary. View the document here or video here.

Issued by Christine Rogerson - Finance Training

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FAQ heading

Monthly Accounting Timetable

To view the status of the monthly process including the month end close dates please use the following link: Accounting Timetable

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