Procurement card definition
Procurement card or "P-card" means an account or physical card that represents an account governed by characteristics specific to a procurement card. These characteristics include limits of time, amount, access, and purchase category controlled by the local unit, local authority, or county college in accordance with an agreement with an issuer. While such cards may have the appearance of a credit card, such as Visa, MasterCard, American Express, or Discover, such general-purpose cards do not feature the controls that procurement cards have and as such are not permitted under N.J.A.C. 5:30-9A.1 et seq. A "Procurement card" or "P-card" may not be used by a Board of Education.
Procurement card or "P-card" means an account or physical card that represents an account governed by characteristics specific to a procurement card. These characteristics include limits of time, amount, access, and purchase category controlled by the local unit, local authority, or county college in accordance with an
Procurement card means a financial transaction device as defined in section 301.28 of the Revised Code and as authorized under this section, but excludes any credit card authorized under section 301.27 of the Revised Code.
Examples of Procurement card in a sentence
County Vehicle: Fuel purchases when using a County vehicle should be made with the County Procurement card if available.
The Procurement card is currently under contract with ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇/Master Card.
The acquisition and maintenance of all required licenses or permits.
Contractors or Fulfillment Partners may be paid by the State through the Procurement card (p-card) at the time the original order is placed.
Authorized Signatory Name Title: Seller agrees to accept the VISA Procurement card for payment (optional).
More Definitions of Procurement card
Procurement card means a type of company charge card used for smaller purchases to achieve greater cost efficiency, control and convenience. Procurement cards are also known as Purchasing Cards, P-Cards or PCards;
Procurement card means a credit card or purchasing card provided by the Municipality’s Finance Division to staff for use in the procurement of low dollar value Goods and Services for the Municipality.
Procurement card means a credit card or account used to purchase goods or services.
Procurement card means a charge card issued to a governing body or its authorized representative for the purpose of purchasing goods and services pursuant to the provisions of this chapter.
Procurement card means a University credit card for purchasing and paying for small dollar transactions from off-campus vendors.
Procurement card or “P-Card” means a WOU credit card issued to WOU Departments.
Procurement card means the corporate charge card(s) used by the Ministry, as may be changed from time to time;