Overview
Contractors may occasionally incur business-related expenses while supporting company projects. This includes software, tools, subscriptions, client meetings, and other approved activities.
All expenses must be aligned with company needs and pre-approved when necessary to ensure smooth reimbursement.
Spending Limits
- Software / Subscriptions: Pre-approved subscriptions only; standard limit is $50/month.
- Tools / Equipment: Standard office equipment; larger purchases require pre-approval.
- Client Entertainment / Gifts: Up to $75 per person; higher amounts require approval.
- Office Supplies: Up to $50 per item; larger purchases require pre-approval.
Exceptions: Special circumstances, like premium software, high-value client gifts, or unique equipment, require written pre-approval from leadership.
Non-Approved Expenses
The following expenses will not be reimbursed:
- Personal software, subscriptions, or tools unrelated to work
- Luxury items or upgrades beyond standard business needs
- Any purchase without proper receipts or documentation
- Non-essential entertainment unrelated to company purposes
Pre-Approval Required
Before making high-cost or unusual purchases, contractors must obtain approval from their manager or point of contact. Examples include:
- Software subscriptions or tools above standard limits
- Equipment purchases over $200
- Any purchase outside the approved budget
Pre-approval ensures company resources are used responsibly and avoids reimbursement delays.
Reporting Guidelines
To ensure timely reimbursement, contractors should follow these steps:
- Approval: Get pre-approval for any expenses above standard limits.
- Submission: Submit expense reports via [Expense Tool / Email], including:
- Receipts or invoices
- Purpose of the expense
- Date and amount
- Deadlines: Submit expense reports by the 5th of the following month.
- Reimbursement Timeline: Payments are processed within 14 days of approved submission.
Tip: Keep digital copies of all receipts and document any unusual circumstances for faster processing.