Financial Policies

To provide guidelines for reproduction of artwork.

To define the authority and responsibilities for the procurement of goods and services for the University.

To outline efforts to support local business through intentional procurement efforts.

To establish the policies and procedures related to the appropriate use of a University of Pennsylvania Purchasing Card.

To ensure purchasing card transactions are within the guidelines of the gift or endowment funds donor intention.

To preclude conflicts of interest with regard to related party purchases.

To establish responsibility for ensuring compliance with University procurement policy.

To optimally leverage University spend and achieve best value for goods and services purchased.

To enable proper use and prevent unauthorized use of the University’s sales and use tax exemption with the Commonwealth of Pennsylvania.