Team CFMA,
I am wondering what policies and procedures you have in place for new capital equipment purchases. We are considering updating our current procedures and I am interested in what my peers are doing. Discussion Points:
- Dollar limits for approval
- Approval Chain
- Forms (Examples would be appreciated)
- Software solutions/procedures (We are a Viewpoint user)
We are a mid sized heavy civil contractor. I look forward to the discussion and I thank you for your responses in advance!
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John Kapphahn
Chief Financial Officer
Rachel Contracting
St. Michael MN
(763) 424-1500
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