|
1.8 - Social Events/Gatherings |
To define the guidelines for the use of Institute funds for social events/gatherings.
Only Institute funds can be used for social events/gatherings. Federal and state funds cannot be used for such functions.
Examples of appropriate social events/gatherings where Institute funds can be used include:
Expenditures $2,500 or greater will require approval of the appropriate Portfolio Owner.
Expenditures less than $2,500 should be processed using the Procurement Card.
Expenditures $2,500 or greater must follow the Requisition processing rules and must have the approval signature of the appropriate Portfolio Owner.
Revised 05/06