Oklahoma The State of Oklahoma has the following limits on the P-card: $5,000 single transaction except when items are: On Statewide Contract as bid by Department of Central Services Central Purchasing Division or Regulated Utilities. In two cases, the dollar amount is unlimited. We have legislation to add Interagency Purchases and Professional Services to the unlimited dollar threshold. We have a new Governor this year. In her State of the State speech in January, she pushed the use of technology including P-card. She urged agencies and higher education to use the state’s program especially on small dollar purchases. We also have drafted a letter to go out to the agencies, signed by the Director of Central Services, the Director of the Office of State Finance, and the State Treasurer, urging agencies to use their P-cards for small dollar transactions when possible. This letter hasn’t gone out yet, but we’re hoping. We just recently changed from JPMorgan Chase to Bank of America with better rebate terms and all. We have had a good response to the Governor’s address and see the P-card usage really increasing. Virginia In Virginia we are about to go live with a ePayables tool which takes your typical A/P spend for check or ACH and if we can put it on a card are doing so - this is after the voucher is processed through the A/P system. We are aiming at doubling our rebate in about 2 years doing this. Our transaction limit typically is up to $5,000 but we do have a Gold card program with limits typically to $50,000 a transaction and $250,000 a month. We do have higher ones especially for year-end purchases, but this works well for only those who truly can support the higher limit need. Utah In Utah, our standard thresholds are much lower than yours are. Ours are $5,000 monthly and $1,000 per transaction. Our agencies may request higher limits, which we evaluate on a case by case basis.
Oklahoma The State of Oklahoma has the following limits on the P-card: $5,000 single transaction except when items are: On Statewide Contract as bid by Department of Central Services Central Purchasing Division or Regulated Utilities. In two cases, the dollar amount is unlimited. We have legislation to add Interagency Purchases and Professional Services to the unlimited dollar threshold. We have a new Governor this year. In her State of the State speech in January, she pushed the use of technology including P-card. She urged agencies and higher education to use the state’s program especially on small dollar purchases. We also have drafted a letter to go out to the agencies, signed by the Director of Central Services, the Director of the Office of State Finance, and the State Treasurer, urging agencies to use their P-cards for small dollar transactions when possible. This letter hasn’t gone out yet, but we’re hoping. We just recently changed from JPMorgan Chase to Bank of America with better rebate terms and all. We have had a good response to the Governor’s address and see the P-card usage really increasing. Virginia In Virginia we are about to go live with a ePayables tool which takes your typical A/P spend for check or ACH and if we can put it on a card are doing so - this is after the voucher is processed through the A/P system. We are aiming at doubling our rebate in about 2 years doing this. Our transaction limit typically is up to $5,000 but we do have a Gold card program with limits typically to $50,000 a transaction and $250,000 a month. We do have higher ones especially for year-end purchases, but this works well for only those who truly can support the higher limit need. Utah In Utah, our standard thresholds are much lower than yours are. Ours are $5,000 monthly and $1,000 per transaction. Our agencies may request higher limits, which we evaluate on a case by case basis.
2011_03_28_Expanding_Purchasing_Card_Usage.docx