The Purchase Card (P-Card) program is designed to streamline purchasing processes while ensuring proper oversight and adherence to corporate policy.
P-Cards are suitable for low-dollar-value purchases for government. The P-card does not replace standard procurement practices and financial controls.
When to use a P-Card
- You want to make a low-dollar-value purchase
Why use a P-Card?
- Provides a simple way to purchase from small businesses and local suppliers
- Can increase the efficiency and cost effectiveness of government purchases by combining multiple purchases into one payment
- Can use it to purchase from a corporate supply arrangement (CSA), standing arrangement, or in conjunction with other low-dollar-value procurement tools such as the non-binding request for quote (NRQ)
Things to consider
- Does not replace standard procurement practices
- If a CSA, multi-use list or standing arrangement is available and meets your business needs, you must use it
- If there is no arrangement that meets your needs, you must attempt to get at least three quotes to ensure value for money
- You are required to obtain pre-approval from an expense authority (preferably in writing) before purchasing items, document as appropriate, and keep a record of all paperwork, including receipts, packing slips, correspondence and approvals
- Purchases cannot exceed the maximum approved transaction limit and monthly limit of the card
- It is not acceptable to split a purchase into multiple purchases where the total price would exceed the transaction limit on the card or where this would avoid procurement obligations
- Only the designated cardholder can make purchases on behalf of the Province and they cannot delegate authority to anyone else
- Cardholders must receive adequate training as required by their ministry
Next steps