Trust Scheme of Delegation Limits List of financial limits at each member
Each member Trust has set its own rules within PECOS for financial approval limits. The Scheme of Delegation wizard will provide details on who can approve for individual cost centres at which financial limit. The below table shows the financial values at each approval level. PECOS will automatically route to the correct approver based on the value of the requisition.
| Member |
Level 1 |
Level 2 |
Level 3 |
Level 4 |
Level 5 |
Level 6 |
Level 7 |
Level 8 |
| Moorfields Eye Hospital |
£0k to £5k |
£5k to £10k |
£10k to £25k |
£25k to £60k |
£60k to £75k |
£75k to £200k |
£200k to £500k |
>£500k |
| Royal Free London |
N\A |
£0k to £5k |
£5k to £10k |
£10k to £30k |
£30k to £50k |
£50k to £500k |
> £500k |
N/A |
| Whittington Health |
£0k to £5k |
£5k to £10k |
£10k to £20k |
£20k to £100k |
£100k to £1m |
£1m to £1.5m |
> £1.5m |
N/A
|
| Great Ormond Street* |
£0k to £2k |
£2k to £25k |
£25k to £50k |
£50k to £100k |
£100k to £500k |
£500k to £2.5m |
£2.5m to £5.5m |
>£5.5m |
* Great Ormond Street internally has the level names in reverse. i.e. Level 1 in PECOS is Level 9 in the Trust's SFI's.
Great Ormond Street SFI mapping
As Great Ormond Street refer the the approval levels differently within the published Standing Financial Instructions (SFI's), we have provided a mapping table below to help understand the differences between PECOS terminology and that of the Trust internally.
| PECOS Level |
SFI Level |
Amount |
| Level 1 |
Level 9 |
£0k to £2k |
| Level 2 |
Level 8 |
£2k to £25k |
| Level 3 |
Level 7 |
£25k to £50k |
| Level 4 |
Level 6 |
£50k to £100k |
| Level 5 |
Level 5 |
£100k to £500k |
| Level 6 |
Level 3 & Level 4 |
£500k to £2.5m |
| Level 7 |
Level 2 |
£2.5m to £5.5m |
| Level 8 |
Level 1 |
>£5.5m |
In addition to the above levels, requisitions over £25k will be subject to additional review and approval from the nominated Budget Holder