“Time and Materials (T&M)” means Services performed at an hourly rate wherein the actual cost of hours worked and materials used in the performance of the Services are charged to Prime. Equipment and other depreciable assets are not to be charged. Should the base room rate exceed the rates noted above an Excess Lodging Rate Approval Request (STD 255C)(PDF) must be submitted and approved by your department and/or CalHR before the trip takes place. Purchase agreements are more complex than a simple purchase receipt as this agreement usually strictly defined the terms and conditions that have to be fulfilled by both buyer and purchaser for a complete deal. Download your win purchase agreements from free templates available online to design a comprehensive and well-presented purchase agreement. Employees must stay at a commercial lodging establishment catering to short-term travelers, such as a hotel, motel, bed and breakfast, public campground, etc. Groceries and household itemsHow food is managed varies greatly. Some roommates choose to keep their food entirely separate in personal cupboards. A strand of behavioral finance has been dubbed quantitative behavioral finance, which uses mathematical and statistical methodology to understand behavioral biases in conjunction with valuation. Some of these endeavors has been led by Gunduz Caginalp (Professor of Mathematics and Editor of Journal of Behavioral Finance during 2001-2004) and collaborators including Vernon Smith (2002 Nobel Laureate in Economics), David Porter, Don Balenovich, Vladimira Ilieva, Ahmet Duran).