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VPF teams are currently working remotely under the Institute’s COVID-19 guidelines. We are ready to provide assistance and guidance to the MIT community by phone and email. Please see below for updates on services and operations, and refer back to this page for updates from VPF. Contact VPF Key Contacts: Buy-to-Pay (B2P) Contact Center, B2P@mit.edu, 617-253-7000 HR/Payroll payroll@mit.edu, 617-253-4255 Travel…

Consulting/Honoraria/Guest Speaker Fees Service income, classified as independent contractor An honorarium is a voluntary payment, or something in value, given to a person in recognition of a special or distinguished service in an academic activity (e.g. a guest lecture, serving on a panel discussion) for which no fixed fee is set. An honorarium payment is made as a gesture to…

When a new piece of capital equipment arrives on campus, the lab purchasing the equipment can expect a visit from VPF Property Auditor Michael Yeates within days of its arrival, often while the boxes and packing materials are still out in the hall. Making his rounds to campus laboratories to…

As you resume shipping and receiving parcels to and from campus, remember to check for updated guidance from our Preferred shipping vendors. FedEx encourages staff to create a departmental account on the FedEx Website to better manage invoices and payments. There are also changes to requirements for shipments to China…

Starting on September 1, 2022, MIT's internal deductibles for insurance will change as follows: 1. Campus property will increase from $1,000 to $2,500 2. Fleet vehicles and rental vehicles will increase from $1,000 to $2,500. Using an MIT Preferred rental agency can reduce the deductible you pay in the event…