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Professional Services Agreement Sherri Dusenbery Purchasing Department Marianne Stratton

The University of Iowa Collegiate & Auxiliary Budget Officers Meeting March 2010 (Organized by the Controller’s Office). Professional Services Agreement Sherri Dusenbery Purchasing Department Marianne Stratton Katie Villhauer Payroll Office. Professional Services. Services Rendered

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Professional Services Agreement Sherri Dusenbery Purchasing Department Marianne Stratton

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  1. The University of IowaCollegiate & AuxiliaryBudget Officers MeetingMarch 2010(Organized by the Controller’s Office)

  2. Professional Services Agreement Sherri Dusenbery Purchasing Department Marianne Stratton Katie Villhauer Payroll Office

  3. Professional Services • Services Rendered • Unique in nature • Technical and/or functions performed by individual qualified by education, experience or technical ability • Intellectual in character – but does not require license • Specific in project nature, not a continuing or ongoing responsibility of the institution • Payment • Vendor • Individual

  4. Professional Services Agreement Process

  5. PSA - Vendor

  6. PSA – Vendor • Criteria • Paid by Federal Employer Tax ID Number • Requirement • Statement of Work • Requisition • Project $5000 or greater • Professional Services Agreement

  7. PSA – Individual w/SSN or Tax ID

  8. PSA - Individual w/SSN or Tax ID • Paid by a valid Social Security Number or Individual Tax Identification Number • Project is $4,999 or less • Complete Service Voucher via e-Voucher • Routes post org to Payroll Office in Workflow to test for employment • Project is $5,000 or greater • Paper Payroll Voucher • Payroll reviews to test for employment • If paid through Payroll Office, submit on HR form • If not considered an employee, the following are needed • Professional Services Agreement • Statement of Work • Requisition

  9. PSA-Individual w/o SSN or Tax ID

  10. PSA - Individual • Does not have or will not provide a valid Social Security Number or Individual Tax Identification Number • Complete paper Payroll Voucher and W-8BEN • Appropriate tax withholding • Payment is made through Accounts Payable • Projects $5,000 or greater • Professional Services Agreement • Statement of Work • Requisition

  11. PSA - Contacts • Contacts • Purchasing – Sherri Dusenbery, 335-1207 • Payroll – Marianne Stratton, 335-2420 Katie Villhauer, 335-2380 • Web • http://www.uiowa.edu/~purchase/purchase/psahome.htm • http://www.uiowa.edu/hr/payroll/contractors/index.html • Questions

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