Equipment Reporting Threshold Policy Updates
Welcome to the Office of Business and Financial Services Open Comment Blog!
The Office of Business and Financial Services is hosting an open comment period, beginning May 1 and closing May 15 at 5 p.m. CT. In this open comment period updates to equipment reporting threshold policies are presented.
The updates proposed are to existing threshold policies that reference equipment reporting threshold, 7.3, 12.1.2, 12.1.6, 12.1.7, 12.1.8, 12.3.7, 16 Sponsored Projects Cost Principles, and 16.1.4. These changes increase the equipment reporting threshold from $500 to $1000.
The open comment period allows stakeholders to provide input and ask questions about specific policies that affect University of Illinois System business and their work.
Contact: For questions contact OBFS Policies at (312) 585-9049 or firstname.lastname@example.org.
The proposed updates can be viewed by downloading the hyperlinked PDF document below. All the updates are presented in an Italicized and Bolded format.
Equipment Reporting Threshold Updates
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