This is a reminder for two important dates on the Quick Reference Table of Year-end Deadlines.

A) Revenue Deferral Requests – Friday, February 21, 2025

Requests for unearned revenue deferrals should be based on the anticipated year-end balances and must be made by submitting a Revenue Deferral Request Form to Evan.Chin@humber.ca by the above date. Requests will be approved in accordance with Generally Accepted Accounting Principles (GAAP). The form identifies the eligibility criteria.

B) Procurement Planning – Friday, February 28, 2025

The Strategic Sourcing Plan has been initiated and will be reviewed with each Faculty/Department on a quarterly basis, as needed. If additional procurements are required, they must be submitted via the online intake form.

Requests for Tender (RFT) and Requests for Proposal (RFP) will be reviewed on a case-by-case basis and may not be completed by year-end if requested after January 31, 2025. Request for Quotations, Non-Competitive Procurements, and related purchasing activities must be initiated by the date above to ensure adequate time is allotted to complete the procurement cycle by the year-end date.

Please take note of the above important dates and reach out to Finance if you have any questions.