My company is not known for being extravagant (they prefer the term "well-managed"), but I'm curious as to how their meals policy stacks up with other companies.

The policy is "reasonable expense," but in practice, I've found the cap to be $35 per day (very occasional exceptions allowed).

My usual way of dealing with this amount is to have the free breakfast in the hotel when possible, skip lunch (or just have a cheap snack), and then have a decent dinner with a coupla drinks at a mid-range place.

What's your company's per diem/meals policy, and how careful do you need to be to stay within the limits?