Expenditures and Procurement

Expenditures and Procurement

Policies by Topic - Expenditures and Procurement

TitleExcerpt
Travel CardsUSC staff and faculty are eligible for a Travel Card provided they meet the following criteria: Have active employment status, in good standing.Expenditures and ProcurementFaculty, Staff10/12/201710/12/2017
Travel ExpendituresThe purpose of the policy is to ensure travel expenditures are reasonable, customary, and necessary to conduct official university business.Expenditures and ProcurementFaculty, Staff, Students4/26/20194/26/2019
Suppliers and CompetitionThe purpose of this policy is to ensure the best overall value to the university for the expenditure of funds; this includes the use of preferred suppliers, establishes USC’s competitive bidding requirements, and identifies other supplier requirements.Expenditures and ProcurementFaculty, Staff3/2/20213/2/2021
Sponsored Project Funded Expense Provisions (Expenditures)The purpose of this policy is to ensure controls for sponsored project funded expense provisions. When expenses are to be charged to a sponsored project account, the terms of the applicable contract or grant will take precedence over university expenditure policies.Expenditures and ProcurementFaculty, Staff, Students11/30/201511/30/2015
ReimbursementsUniversity community members incur various types of expenses as they perform tasks and duties that support the operations of the university and further its mission. Expenditures and ProcurementFaculty, Staff, Students4/23/20204/23/2020
Recruitment and Relocation ExpendituresThis policy is to ensure that university funds allocated toward recruitment and relocation are appropriately approved by the hiring department and processed in compliance with university policies and local, state, and federal requirements.Expenditures and ProcurementFaculty, Staff5/15/20185/15/2018
Purchasing and Signature AuthorityThe purpose of this policy is to control the commitment of university funds, including purchasing and contracting activities.Expenditures and ProcurementFaculty, Staff9/15/20149/15/2014
Procurement CardsThe Procurement Card (P-Card) is a corporate card issued on behalf of USC by a bank (Issuing Bank). The P-Card is used for buying goods and services for the university.Expenditures and ProcurementFaculty, Staff10/12/201710/12/2017
Membership Expense and Restrictions (Expenditures)The purpose of this policy is to establish guidelines for payments and reimbursements for memberships.Expenditures and ProcurementFaculty, Staff11/30/201511/30/2015
Invoice PaymentsWhen the purchase of goods and services is authorized by a purchase order, the supplier must provide an invoice for payment.Expenditures and ProcurementFaculty, Staff9/15/20149/15/2014
Independent ContractorsThe Internal Revenue Service requires the university to properly classify independent contractors. This policy and the accompanying independent contractor website (see below for link) identify the steps, documents and processes necessary to ensure proper classification of and subsequent payment to independent contractors.Expenditures and ProcurementFaculty, Staff1/3/20121/3/2012
Expense Business Purpose and ApprovalsAll university expenses must be necessary and reasonable in terms of price and purpose. Therefore, each university reimbursement and payment request must be supported by a written business purpose, regardless of the item, type of service, amount or form of payment.Expenditures and ProcurementFaculty, Staff8/26/20198/26/2019
Diverse Supplier GuidelinesThe Department of Supplier Diversity Services works in tandem with Procurement Services to provide maximum procurement opportunities for Diverse Suppliers.Expenditures and ProcurementFaculty, Staff1/2/20061/2/2006