Budget / Vendor Assignments

General Budget Information

  • Funds cannot be used for personal travel or for salaries.
  • Each team will be given $100.00 for to purchase items needed to create and package your product.
  • Some items may be borrowed from various sources and will not need to be purchased (Soy Sample Kits).
  • Items that may be purchased with the competition monies include; items for awards ceremony display table, items used to package your products for marketing, copying/printing for the final reports, items purchased from vendors including shipping costs,  NO TAX WILL BE REIMBURSED.

 

Budget should include

  • items you plan on purchasing during the competition. We understand that as you proceed with your products there may be unforeseen expenses, but this initial budget should be as thorough as possible.
  • Potential vendor for these items (check Amazon first)
  • Estimated costs for each item
  • Timeframe for when you will need to purchase items
  • A running total category showing amount left in budget
  • Vendor Name, Vendor Address, Vendor Email, Vendor Phone Number, Contact Person, Item Ordered, Product #’s/Codes/Identification, Quantity Ordered, Description of how item will be used, Price per unit, Shipping Costs, Total Costs, Beginning Budget Amount, Amount left in your budget after each purchase.
     

In most cases you will only need to print out the Purdue Purchase Order to have this information.  In many cases the Soy Sample Kit that has been provided will provide all the materials that you need, in which case you list the items in the Soy Sample Kit (see web page for list).

If your team has any questions regarding this assignment please direct them to:

Micky Creech
Soy Competition Program Manager
mcreech@purdue.edu
ABE 2034
496-8326