| For Purchases |
| Dollar Amount per Transaction: |
Determined by individual department, but no greater than $2500 |
|
Unless authorized in writing by the appropriate cabinet member or dean, and approved by the President. |
|
Orders exceeding $2,500 must be processed on a purchase requisition |
| Dollar Amount per Cycle: |
Amount determined by the department |
|
Cycle time — one month ending on the 23rd |
| For Travel |
| Dollar Amount per Transaction: |
Determined by the department |
| Dollar Amount per Cycle: |
Determined by the department |
| For ATM/Teller services |
|
One transaction per day |
|
Maximum of $500.00 per day (unless authorized in writing by the President) |
| Variable Limits (bank “relocation” card) |
|
A total dollar limit |
|
A specified term/expiration date |
|
Once the expiration date is met, or the total dollar amount on the card is met, the card is automatically suspended. |
