Search results
Results from the Think 24/7 Content Network
K. Government-wide Commercial Purchase Card - The Purchase Card is used as a simple method to spend funds in the acquisition of goods and services. It is similar in nature to a commercial credit card and is issued to authorized agency personnel. The card is distinct from the Government Travel Card.
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 ...
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 ...
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 ...
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.
GSA Advantage. GSA Advantage is an online government purchasing service run by the General Services Administration (GSA). GSA Advantage is an online shopping and ordering service created within the GSA for use by government agencies to buy commercial products and services. Its mission is to provide a streamlined purchasing portal for federal ...
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.
PLG administers the Department's Government purchase card program and coordinates the agency’s electronic commerce activities. PLG is responsible for reviewing CAM solicitations and pre-award contract documents for compliance with the Federal Acquisition Regulation (FAR) and other applicable regulations and statutes.