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Financial Policies and Procedures

*Accounts Payable check pick-up*

Standard pick-up times for accounts payable checks are Monday through Friday, from 9:00 A.M through 4:30 P.M., unless special arrangements are coordinated with the Accounts Payable area in advance.

*Purchase Approval Limits*

  • All purchases that are $ 50,000 and above must be approved by the Executive VP for Business Affairs

  • EVP’s and Academic Deans have approval limits up to $ 49,999.99

  • All others have limits up to $ 4,999.99, and should be noted on the Index/FOP Access Form for each index

Policies and Procedures: