INDEPENDENT CONTRACTORS PAYMENT
Following proper procedures is necessary for the payment of independent contractors.
Reason for Policy/Purpose
This policy is required for the effective communication of university policy regarding independent contractor payment.
Who Needs to Know This Policy
All department budget directors at The University of Southern Mississippi.
Website Address for this Policy
CHECK LIST FOR PAYING INDEPENDENT CONTRACTORS
If payment will be more than $1,000 for the calendar year:
PLEASE NOTE: Your failure to complete the proper paperwork may result in the nonpayment of your independent contractor. Any questions can be directed to the Controller’s Office at 601-266-4102.
The Director of the Office of Budget and Tax Compliance is responsible for the review of this policy every four years (or whenever circumstances require immediate review).
Remittance Voucher available at http://www.usm.edu/procurement/apforms.html
Vendor Registration Form available at http://www.usm.edu/procurement/forms.html
Personal Services Agreement and Determination Form available on the Controller’s Office website: http://www.usm.edu/controllersoffice/Independent_Contractors.html
Amendments: Month, Day, Year – summary of changes
11/1/11: Formatted for Institutional Policies website
02/20/13: Formatted for template. Minor editing for punctuation and word usage throughout.