Admin Table of Contents
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 can be purchased with GPC?
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.
When using a GPC Which of the following is a prohibited purchase?
5.04 Prohibited Purchases The purchase card must not be used for the following: • Long-term rental or lease of land or buildings of any type. Purchases of travel (airline, bus, boat, or train tickets) or travel-related expenses. Cash advances.
What are GPC services?
GPC Services. GPC Services is a small, privately owned company based in San Angelo, Texas. Our personnel are dedicated to rendering to our customers the latest developments in the power generation and welding equipment industry.
What is a GPC payment?
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 are 3 examples of abuse of the GPC?
Examples of misuse include: (1) purchases that exceed the cardholder’s limit; (2) purchases not authorized by the agency; (3) purchases for which no funding exists; (4) purchases for personal consumption; (5) purchases that do not comply with the Federal Acquisition Regulation (FAR) and/or other applicable procurement …
What can the GPC be used for?
The GPC shall be used to pay for government-owned material or government- performed services received from other government sources (e.g. Defense Logistics Agency Document Services, GSA Global, and Defense Logistics Agency). Procurement thresholds do not apply for GPC payments to other government sources.
Can I use my GPC card for personal expenses?
Answer: No. The GPC is only for official, mission-related Government purchases. It cannot be used for personal expenses of any kind. As stated in Section 2.3.5 of the Department of Defense Government Charge Card Guidebook for Establishing and Managing Purchase, Travel,…
What are the policies and procedures for cardholders with the GPC?
Cardholders follow all required policies and procedures regarding purchases with the GPC. Certified billing statements and supporting documents are retained for six years and three months after final payment, and cardholder statements of account and associated receipts for three years after final payment according to FAR 4.805.
What cannot be purchased with GPC funds?
Items or services that cannot be purchased with appropriated funds. Purchases of airline, bus, or other travel-related expenses. Other GPC prohibitions include: Purchases made by individuals other than the authorized cardholder.