Procurement Card (PCard) Program
The Procurement Card (PCard) program provides the PI and other designated staff with a more efficient means of making routine purchases by reducing paperwork and waiting time, allowing more purchasing responsibility and control at the department and project levels, and streamlining the purchasing cycle for frequent and routine purchases. SDSU Research Foundation PCards are Visa cards issued by US Bank (USB). The PCards are “corporate liability” cards, assigned by USB to the employee, but are issued in the name of and on behalf of SDSU Research Foundation.
Spending Profiles:
Three spending profiles have been established. Cardholders are assigned to a profile based upon business needs and requirements and upon approval of the PI, SRA grant specialist and/or SDSU Research Foundation Director of Financial Services.
Spend Profile Transaction Limit | Single Transaction Limit | Monthly Transaction Limit |
---|---|---|
Profile 1 | $1,000 | $5,000 |
Profile 2 | $3,500 | $10,000 |
Profile 3 | $4,999 | $20,000 |
The Procurement Card Program Policy and Procedure Manual provides additional information and greater detail on the PCard program.
More information on the Pcard Policy and Procedure Manual can be found at: Procurement Card Program Policy and Procedure (PDF Format, 492KB)*
If, after reviewing this information, the PCard is deemed beneficial to the project, department, or grant/contract, the SRA grant specialist should be contacted to determine eligibility.
The use of the PCard is one of three acceptable methods for the procurement of goods and services. Refer to Section "III.F for purchases using the purchase requisition process and Section IV.A.1 for purchases using personal funds or credit cards.
The PCard program is meant to be a supplement to purchasing methods already in place and is not intended as an overall replacement or a means to circumvent purchasing guidelines and requirements.
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