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Acquisition

Purchase Card(P-Card)

A government-issued credit card used for micropurchases and low-dollar acquisitions, streamlining small procurements without formal contracting procedures.

Overview

The Purchase Card (P-Card) is a commercial credit card issued to authorized government personnel for making small purchases directly from vendors. It streamlines procurement for low-value acquisitions by bypassing the formal solicitation and contract award process, enabling faster procurement of routine supplies and services.

Why It Matters in GovCon

P-Card spending represents billions in annual government purchases, typically under the micropurchase threshold ($10,000 for most agencies). Vendors who accept standard credit cards and register with common government purchasing systems can capture this revenue stream. Understanding P-Card limits and agency card programs helps contractors position for spot purchases.

Key Details

  • Thresholds: Most P-Card purchases fall under the micropurchase threshold; some agencies allow higher limits for specific categories.
  • No Formal Competition: P-Card purchases bypass the normal competition requirements of the FAR.
  • Commercial Practices: Agencies often use GSA Advantage, Amazon Business, or other pre-approved purchasing channels.
  • Spending Data: P-Card transaction data can reveal agency buying patterns and preferences.

Related Terms

  • Micropurchase
  • Simplified Acquisition Procedures (SAP)
  • General Services Administration (GSA)
  • Blanket Purchase Agreement (BPA)

More Acquisition Terms

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