When it is necessary to use a privately owned vehicle for college business travel, the individual operating the privately owned vehicle must carry motor vehicle liability insurance. The employee is required to submit a copy of his/her insurance identification card to the Purchasing Department. Parking and toll charges are allowed in addition to the mileage allowance and will be reimbursed at actual cost. Receipts must accompany requests for reimbursement. Fines for motor vehicle violations, including parking violations, shall be the obligation of the operator of the conveyance.
ALLOWABLE REIMBURSEMENT RATE FOR MILEAGE ASSOCIATED WITH THE USE OF PRIVATE AUTOMOBILE FOR OFFICIAL COLLEGE BUSINESS IS CURRENTLY SET AT $ 0.50 PER MILE. THE MILEAGE REIMBURSEMENT RATE IS SUBJECT TO CHANGE AT ANY TIME BUT IN NO EVENT SHALL EXCEED THE FEDERAL REIMBURSABLE RATE (POV).