Discussion: View Thread

Capital Equipment Purchases

  • 1.  Capital Equipment Purchases

    Posted 04-12-2018 11:05
    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!

    John Kapphahn
    Chief Financial Officer
    Rachel Contracting
    St. Michael MN
    (763) 424-1500