CLG001_L02_print CLG00l DoD Governmentwide Commercial Purchase Card Overview ) Lesson 2 - Controls and Procedures

CLG00l DoD Governmentwide Commercial Purchase Card Overview ) Lesson 2 - Controls and Procedures TOC I RESOURCES I PRINT I HELP Welcome Jim: Hello, again. In this lesson you will learn about the controls and procedures associated with the DoD Governmentwide Commercial Purchase Card (GPC). Susan: I think I have a general understanding of what the GPC is, but I feel I need to know more about the specific controls and procedures involved in its use. Jim: I completely understand your concern. You should have a better understanding after completing this lesson. Let's take a quick look at the lesson objectives. ~ ! Page1of 23 ! ..... Back Next CLG00l DoD Governmentwide Commercial Purchase Card Overview ) Lesson 2 - Controls and Procedures TOC I RESOURCES I PRINT I HELP Lesson Obj ectives The learning objective for this lesson is: • Recognize the controls and procedures for the GPC Program and the related regulatory and policy requirements . Upon your completion of this lesson, you should be able to: • Identify the various micro- purchase thresholds. • Recognize what the Cardholder (CH) must consider prior to making different types of GPC transactions. ~ ! Page2of 23 ! ..... Back Next CLG00l DoD Governmentwide Commercial Purchase Card Overview ) Lesson 2 - Controls and Procedures TOC I RESOURCES I PRINT I HELP Micro-Purchase Thresholds The GPC Program streamlines the acquisition process to obtain supplies, services, and construction under micro-purchase thresholds. When using the GPC to make an open market micro-purchase, the cost of the supplies, services, or construction shall not exceed the aggregate ( total) amount of the applicable threshold. The Federal Acquisition Regulation (FAR), defines "micro-purchase" as the acquisition of supplies or services, the aggregate ( total) amount of which does not exceed the micro-purchase threshold