Effective February 1st, 2016 the Personal Services Invoice (PSI) will be retired and no longer a valid mechanism for processing payments to vendors for services. The PSI was originally created to help facilitate making payments for services where a vendor could not furnish an invoice of their own.
Over time the purpose and function of the PSI has grown confusing and cumbersome. There is substantial overlap with the “Payment Request Form.” So in an attempt to simplify the vendor payment process we felt it necessary to move forward with just one form, the Payment Request form.
The month of January will be used as a transitionary period in which current PSI forms can still be processed by the Business Center. At the beginning of February either a vendor invoice, payment request form, or reimbursement form should be used to initiate payment to vendors. If there is a need to contract for personal services valued under $5,000 please use the Personal Services Contract (PSC).