Embed Size (px)
Citation preview
Fiscal Officer’sContracting Training
May 15, 2008
Memorial Union
Fiscal Officer’sContracting Training
May 15, 2008
Memorial Union
Agenda
• Overview• Definitions• Control and Independence• Contractor Checklist• Present and Past Employees• Conflict of Interest• Delegation of Authority• Resources/Contact Information
FY07 Agreement Type Breakdown
≈ 2982 Agreements
Top 20 Submitting Departments
1. School of Medicine 314
2. Extension 211
3. School of Nursing 209
4. Athletics 200
5. Conference Office 141
6. Show Me State Games 117
7. HRP 104
8. Continuing Medical Education 95
9. Student Life 93
10. Journalism 91
11. Missouri Review 77
12. Missouri Unions 67
13. Agriculture 49
14. Education 47
15. Veterinary Medicine 42
16. Recreation Services 41
17. Concert Series 40
18. International Center 36
19. HES Extension 35
20. Publications 33
Definitions
• EmployeeUniversity controls what work an individual does and how that work is done.
• Independent ContractorWorks as a self-employed person and provides a
service to University. May be directed as to results of a service but is usually responsible for determining means and details of the service.
Control and Independence
• Behavior Control• Instructions• Training
Control and Independence
• Behavior Control
• Financial Control• Investment• Unreimbursed Expenses• Services• Method of Payment• Opportunity for Profit or Loss
Control and Independence
• Behavior Control
• Financial Control
• Relationship Between the Parties• Intent• Benefits• Termination of Relationship• Permanency of Relationship
Contractor Checklist
• Filled Out by Department
• Submitted with Agreements
• Helps Fulfill IRS Requirements
• Documents Citizenship Status
Present and Past Employees
• Usually Paid as Employees
• Careful Evaluation• Performed Essential Same Type of Work in
Past• Pays Employees to Perform Similar Tasks
Conflict of Interest
• Section 330.015 of the Collected Rules
• Applies to ALL Employees
• Process• Form
Conflict of Interest
• Section 330.015 of the Collected Rules
• Applies to ALL Employees
• Process• Form• Committee• Public Disclosure
Delegation of Authority
• Protects Employees
• Who Signs?• Type• Funding• Amount
Web Resources
• IRS• Publication 15, Circular E, Employer’s Tax Guide
http://www.irs.gov/pub/irs-pdf/p15.pdf
• Publication 15A, Employer’s Supplemental Tax Guide “Employer or Independent Contractor”
http://www.irs.gov/pub/irs-pdf/p15a.pdf
• Office of the Controllerhttp://www.umsystem.edu/ums/departments/fa/controller
• MU Business Information Centerhttp://mubic.missouri.edu
Contact Information
Business Services
311 Jesse Hall
882-7254
http://vcas.missouri.edu
Accounting Services
325 Jesse Hall
882-3051
http://accounting.missouri.edu
Office of Sponsored Programs
310 Jesse Hall
882-7560
http://research.missouri.edu/ospa/
Procurement Services
113 Heinkel Building
882-3201
http://www.pmm.missouri.edu/
Fiscal Officer’sContracting Training
May 15, 2008
Memorial Union
