PROCUREMENT CARD. The District may utilize a Procurement Card program to both improve and expedite the purchasing and payment process. Upon implementation, the District will be asking Vendors to offer a prompt payment discount taking into consideration receipt of payment within seventy-two (72) hours from time of payment processing. This program is only available to Vendors that are not 1099 reportable to the Internal Revenue service. Any costs or charges to the Vendor will be based on the transaction dollar amount and is from the Vendor’s servicing bank. The Vendor should contact their bank to arrange for the acceptance and information concerning any charges to use this program. The advantages of accepting the Procurement Card for payment are as follows:
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Samples: www.dvusd.org:443, www.dvusd.org, www.dvusd.org
