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Get Government Purchase Card DOCUMENT TYPE: 32 - USCG Finance ... - Fincen Uscg
Ns based on an individual s procurement authority. The Government Purchase card is the preferred method of procurement for micro purchases. The account holder has the option of requesting a plastic credit card, convenience checks, or both. Convenience checks should only be used when the vendor will not accept any other type of payment as the issuing bank charges a fee of 2% of the face value of each check. The Coast Guard Chief Financial Officer (CFO) must approve new requests for Convenience.
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OPC FAQ
For all purchase card transactions, Cardholders shall retain transaction file documentation for six years from final payment of transactions.
Agency Program Coordinators, or APCs, manage day-to-day operations of the travel card program for an organization and serve as the primary liaisons between the travel cardholder and the Government Travel Charge Card (GTCC) vendor.
Use of the GPC to purchase travel or travel related expenses is prohibited in ance with the DPC 20 Dec 2018 memorandum titled “Prohibition on Use of Government Purchase Card for Payment of Travel Related Expenses.” Only the travel card is to be used for individual official travel-related expenses.
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.
The GPC may be used to place task or delivery orders against pre-priced contract vehicles and agreements if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement.
Final answer: A GPC cardholder can become eligible for $25,000 purchases outside of the United States by meeting criteria and justifications such as a higher spending limit set by their organization. These justifications are often based on official needs, like equipment procurement or research.
The GPC is the preferred method for purchasing and paying for goods and services under the micro-purchase threshold. The GPC is also authorized for use above the micro-purchase threshold to place task or delivery orders (FAR 13.301(c)(2)) and as a method of payment (FAR 13.301(c)(3) and 32.1108).
These transactions may be classified under Merchant Category Code 9399, Miscellaneous Government Services. Effective October 1, 2022, the following apply: The inter-governmental transaction card limit is $9,999.99, meaning no individual card transaction can exceed this limit.
FPD Related content
Financial Resource Management Manual (FRMM)
Jul 8, 2019 — This revision includes only Coast Guard financial policy in accordance...
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