Revision History:
On February 15, 2024, the Board of Governors approved revisions to the Travel and Business Expense Policy and Procedure.
Revisions to the Travel and Business Expense Policy & Procedures include:
- Alignment to the applicable Compensation Regulation and Legislation.
- Increase of maximum gratuity rate from 15% to 20%.
- Mandatory pre-approval for travel exceeding $10,000.
Related Policies and Procedures:
Procurement of Goods and Services Policy