Business & Finance News Center

  • Update to Alcohol Purchases Table in Business & Finance Policy 8.1.1 Business Meals, Food Supplies, and Alcohol

    Jul 13, 2026 11:00 amAccounting and BudgetingBuying and ContractsEquipment ManagementFY 27Paying PeoplePayments to the UniversityPolicies and ProceduresTravel

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    • Renewals of $1,000,000 or more for commodities, general services and/or professional and artistic services including sole sources require Board of Trustees aproval. Requisitions need to be submitted to Purchasing in adequate time to obtain the necessary BOT approvals by January 17, 2025. Last FY25 BOT mtg. Date is May 22,2025
    The Business & Finance Policy Office announces an update to 8.1.1 Business Meals, Food Supplies, and Alcohol. The table concerning allowable funds for alcohol purchases has been updated for clarity.

    Contact
    For questions about this policy, please contact University Payables at upaycs@uillinois.edu. 

     

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