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 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;

Examples of Procurement card in a sentence

  • Authorized Signature:Print Name:Title:Company Name:EIN#: (attach W9)Company Address: Seller agrees to accept the VISA Procurement card for payment.

  • Vendors may receive payment from the City by the Procurement card in the same manner as other Visa purchases.

  • County Vehicle: Fuel purchases when using a County vehicle should be made with the County Procurement card if available.

  • The City of Ocala has implemented a Procurement card program, using the Visa platform.

  • Authorized Signature:Print Name:Title: Bidder agrees to accept the VISA Procurement card for payment.


More Definitions of Procurement card

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.
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 charge card, with predetermined limitations, used by government agencies in place of cash or purchase orders for the purchase of goods, services, or construction.
Procurement card means the corporate charge card(s) used by the Ministry, as may be changed from time to time;
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
Procurement card means a credit card or account used to purchase goods or services.