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Purchase Charge Card use as the procurement and payment tool for micro-purchases is defined in FAR 13.2. Micro-purchase means an acquisition of supplies or services in which the aggregate amount does not exceed $3,000, except in the case of construction where the limit is $2,000. The Purchase Charge Card may be used as an ordering and payment ...
In the United States, the processes of government procurement enable federal, state and local government bodies in the country to acquire goods, services (including construction ), and interests in real property. [1] Contracting with the federal government or with state and local public bodies enables interested businesses to become suppliers ...
The purpose of this report is to inform you of the results of the Office of Inspector General’s (OIG) risk assessment of the Department of Education’s (Department) Purchase Card Program, as required by the Government Charge Card Abuse Prevention Act of 2012 (Charge Card Act), Public Law 112-194. Our objective was to analyze the risk of ...
I. Purpose. This directive describes the U.S. Department of Education (Department) policy for the Government-wide Commercial Purchase Card Program (Purchase Card Program). Procurement reform expanded the use of the Government-Wide Purchase Card (Purchase Card) to take maximum advantage of the micro-purchase authority provided in the Federal ...
The golden age of postcards is commonly defined in the United States as starting around 1905, peaking between 1907 and 1910, and ending by World War I. [4] [5] [6] Listed here are eras of production for specific types of postcards, as typically defined by deltiologists. Most of the dates are not fixed dates, but approximate points in time as ...
Simplified Acquisition Procedures. Simplified Acquisition Procedures ( SAP) are a set of streamlined procedures for government procurement in the United States that reduce the administrative burden of awarding procurements below a threshold value, which, as of 2023, is $250,000. [1] The procedures are described in 48 CFR 13.
of purchase cards. OCFO Contracts and Acquisitions Management (CAM) oversees the purchase card program within the Department. Purchase card spending totaled $3,202,581 in fiscal year (FY) 2016 and $956,157 was spent in the first two quarters of FY 2017. As of the second quarter of FY 2017, there were 87 active purchase card accounts.
The Department’s purchase card program does not pose a high risk to the Department and an audit of the program is not necessary. We found that the Department has policies and procedures in place that address the applicable purchase card internal control requirements identified in the Charge Card Act and related Office of Management and Budget (OMB) guidance.