Professional Services Annual Compensation Increase
UT Austin:
Effective Nov. 1, 2008, the Provost's Office will raise the total cumulative compensation an individual or unincorporated sole proprietor may receive during a fiscal year for professional services authorized by an APS or PBS to $25,000. Currently, the limit is $15,000. This change will put the payment threshold for professional services more in line with consulting contract limits and other purchasing policies.
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