POLICY: PAYMENT AUTHORIZATION POLICY
Policy Creation/Modification Number: UIU-CMO-11-0002
Initiating Unit: OCM
Date of Policy Development: 2-14-11
Date of Policy Implementation/Effectiveness: 3-18-11
Internal or External: Internal
Replacing policy/process found where: New
Policy Description
To facilitate the timely processing of OCM’s bills and invoices, payments will follow this authorization table:
| Amount of Payment | Signatures Required for Payment Authorization |
| Less than $500 |
1. OCM budget controller (currently web services director) |
| $500 to $2,500 |
1. OCM budget controller |
| Over $2,500 |
1. OCM budget controller |
Standard Operating Procedure Attached: NO
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