|Responsible University Administrator:||Vice President for Finance and Administration|
|Responsible Officer:||Associate Vice President of Finance/Controller|
|Current Revision Date:||02/20/13|
|Next Review Date:||02/20/17|
|End of Policy Date:||NA|
Following proper procedures is necessary for the payment of independent contractors.
This policy is required for the effective communication of university policy regarding independent contractor payment.
All department budget directors at The University of Southern Mississippi.
CHECK LIST FOR PAYING INDEPENDENT CONTRACTORS
If payment will be less than $1,000 for the calendar year, the department completes Remittance Voucher for submission to Accounts Payable for payment.
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.
Remittance Voucher available at http://eduprod.usm.edu/procurement/apforms.html
Vendor Registration Form available at http://eduprod.usm.edu/procurement/forms.html
Personal Services Agreement and Determination Form available on the Controller’s Office website: http://eduprod.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.