What is the government purchase card program?

What is the government purchase card program?

The Government Purchase Card (GPC) mission is to streamline payment procedures and reduce the administrative burden associated with purchasing supplies and services. The GPC provides “on the spot” purchasing, receiving, and payment authority for individuals other than contracting or purchasing officers.

What can a government purchase card be used for?

The Governmentwide purchase card may be used to (1) Make micro-purchases; (2) Place a task or delivery order (if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement; or (3) Make payments, when the contractor agrees to accept payment by the card.

What is the government purchase card threshold?

Government Purchase Card (GPC) Frequently Asked Questions (FAQs)

GPC Micro-Purchases
Function Threshold
1 Federal-Wide Open Market $10,000
2 Construction subject to 40 U.S.C. chapter 31, subchapter IV, Wage Rate Requirements (Construction) $2,000
3 Services subject to 41 U.S.C. chapter 67, Service Contract Labor Standards $2,500

What can you buy with a GPC?

2. The GPC is used to purchase supplies and services per the Federal Acquisition Regulation (FAR). Purchase Cards are used as the procurement method for micro- purchases as defined in FAR 13.2. The Micro-Purchase Thresholds are: $10,000 for supplies/equipment; $2,500 for services; and $2,000 for construction.

Is a government purchase card a visa?

The Visa Purchase card is an effective, cost-saving alternative to check requests and purchase requisitions. Streamline your purchasing process with Visa.

When using a GPC card which is a prohibited purchase?

GPC Prohibitions General prohibitions include: Split Purchases. Payment for unauthorized commitments, unless the files are properly annotated and approval for payment is properly documented in accordance with FAR 1.602-3. Items purchased for other than official use.

Which practice is prohibited when using a government purchase card GPC?

Transactions with political organizations-Use of the GPC for transactions with political organizations is prohibited. Court costs, alimony, and child support-Use of the GPC to pay court costs, alimony, or child support is prohibited. Fines-Use of the GPC to pay fines is prohibited.

What is a government credit card?

The government travel card – “the card” – is a credit card designed to streamline the official travel process. The card located in many people’s wallet is for use by all U.S. government personnel (civilian and military) to pay for costs incident to ‘official’ business travel.

What is a government issued Visa card?

Many eligible individuals may receive a Government Payment Card in the mail. Government Payment Cards are not linked to your bank account, and they are not credit cards. They are prepaid debit cards onto which a government agency loads funds directly and you can use them just like traditional debit cards.

What is the first step to follow when a cardholder?

what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? Determine when and where the card/checks were last used.