What are three authorized uses of the government commercial purchase card?

What are three authorized uses of the government commercial purchase card?

The Governmentwide purchase card may be used to (1) Make micro-purchases; (2) Place a task or delivery order (if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement; or (3) Make payments, when the contractor agrees to accept payment by the card.

What is the primary source for purchase card policy and guidance that NASA cardholders and approving officials are required to follow?

(e) For the latest information on the NASA purchase card program, CAPCs, cardholders, and approving officials are encouraged to visit the NASA Purchase Card web site at https://www.nssc.nasa.gov/portal/site/customerservice/menuitem.32979cf15b1a4060e736da1007 88576c/.

Which of the following is an agreement that is not binding solely because the Government representative?

Unauthorized commitment
“Unauthorized commitment,” as used in the Federal Acquisition Regulation (FAR), means an agreement that is not binding solely because the Government representative who made it lacked the authority to enter into that agreement on behalf of the Government.

How long does foreign military sales documentation have to be retained?

An example of supplemental guidance, which is contained in Chapter 6 of Volume 15 of this Regulation, is the requirement that Foreign Military Sales documents and financial records be retained for 10 years from the date of case closure.

What do you need to know about approving officials?

Purchases should not only be legal and proper, but also should be considered “mission essential”. In order to ensure proper purchases, the Approving Official must review and approve account holder statements belonging to all account holders within their purview.

What is an approving official ( AO ) and certifying official?

Approving Official (AO) and Certifying Official What is an Approving Official? Specific to the purchase programs, the Approving Official is an individual (typically a supervisor) responsible for ensuring that the purchase account is used properly by the agency.

How many account holders should an approving official have?

Compliance reviews, or agency audits of account holder files, should be conducted at a minimum on an annual basis. The span of control, or number of account holders assigned to each Approving Official, is no greater than between 1:5 or 1:10 (i.e. each Approving Official is responsible for between 5 and 10 account holders).

What does a certifying official do for an account holder?

The Approving Official also authorizes account holder purchases (for official use only) and ensures that the statements are reconciled and submitted to the Designated Billing Office (DBO) in a timely manner. What is a Certifying Official?