Guidance:
The Office of the State Comptroller (OSC) added new Sections in Chapter X of the Guide to Financial Operations regarding Vendor Designations.
The SFS currently displays information on “Vendor Certifications,” designations authorized by a government entity or program which “certifies” a vendor has met certain requirements. Beginning in January 2017, SFS will also display “Vendor Classifications,” a designation for the type of business the State does with each vendor. These designations can aid State agencies in executing and reporting on procurement and payment activities.
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