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Purchasing Card Program:MMO Purchasing Card Coordinator:Solicitation: 5400005146 Contractor: Bank of America Contract: 4400009299 Contract Period: 10/01/2014 to 09/30/2021Stacy Gregg, CAPO, PPB, Gregg
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What is purchasing card program?
A purchasing card program is a system that allows organizations to streamline and simplify the procurement process by providing employees with a card to make purchases directly from suppliers.
Who is required to file purchasing card program?
Certain organizations or departments within an organization may be required to file a purchasing card program, typically those that make frequent purchases.
How to fill out purchasing card program?
To fill out a purchasing card program, one must usually provide information on the company's procurement policies, authorized users, spending limits, and reporting requirements.
What is the purpose of purchasing card program?
The purpose of a purchasing card program is to increase efficiency in the procurement process, improve control over spending, and simplify reconciliation of transactions.
What information must be reported on purchasing card program?
Information that must typically be reported on a purchasing card program includes details of purchases made, vendor information, purchase amounts, and any applicable project codes or cost centers.
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