The US website Government Executive reported last week that the US military “wants to accelerate procurements by raising the “micro-purchase threshold” for using a government credit card from the current $3,000 maximum to $10,000 as part of the fiscal 2017 Defense authorization act.
The proposed language, first reported by the nonprofit Project on Government Oversight, would also require the Office of Management and Budget to update its guidance to help ensure that agencies follow “sound acquisition practices when using the government purchase card” and “maintain internal controls that reduce the risk of fraud, waste and abuse.”
Whilst the increase in the spend limit to $10,000 has not actually been approved, this interested us on several counts. My personal experience as a CPO in three large organisations, one of them a UK government department, was that Purchasing Cards were a useful tool for low-value procurement, and I certainly pushed their usage further in two of my three CPO roles.