Effective: April 1, 2016
Section: Purchasing Cycle
Administrator: Office of the Comptroller General
Applicability: GNWT Departments 

POLICY

Corporate Credit Cards issued to public officers shall be the primary method of payment for all authorized purchases of goods and services up to $10,000 (greater amounts to be approved by Comptroller General or delegate), and the primary method of payment for all duty travel, excluding meals and incidental expenses.

PURPOSE

This policy establishes the requirement to utilize corporate credit cards to ensure that low-value transactions are paid conveniently, effectively and efficiently.

SCOPE

Applies to all approved transactions up to $10,000 related to goods, services and duty travel, unless a greater amount is authorized.

RESPONSIBILITIES

Deputy Heads

Ensure that corporate credit card holders have adequate training and the required authorities in place prior to a corporate credit card being issued; ensure internal controls to identify and prevent fraudulent activity and to ensure timely reconciliation of transactions by cardholders.

Comptroller General

May approve Interpretation Bulletins associated with this policy.

AUTHORITIES and REFERENCES

• Financial Administration Act (FAA)
  • s. 10 – Board directives
  • ss. 98,99 – Accountable Advances
• VISA One Manual

INTERPRETION BULLETINS