Misuse of Government Purchase Cards PDF Download

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Languages : en
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Book Description
Drawing on input from experts in the public and private sectors, the initial report of the NPR recommended expanding the use of purchase cards across the government, a step it said would "lower costs and reduce bureaucracy in small purchases."7. [...] In addition, the FAR was amended in 1994 to designate the purchase card as the "preferred method" for making micro-purchases, and to encourage agencies to use the card for purchases of greater dollar amounts.15 Card use increased sharply as agencies implemented these reforms. [...] According to GSA, the use of purchase cards now saves the government $1.3 billion a year in administrative costs.18 Structure The federal purchase card program is implemented by individual agencies, with the involvement of GSA and OMB. [...] The agency, within the framework of OMB guidance, establishes internal rules and regulations for purchase card use and management, decides which of its employees are to receive purchase cards, and handles billing and payment issues for agency purchase card accounts. [...] It also requires agencies to report the number of AOs it has appointed, the average number of monthly purchase card transactions each AO reviews, the number of reported cases of misuse, and the number of disciplinary actions taken in response to misuse.