Pcard Policy 2019 2020.docx

The document provides a comprehensive overview of the Purchasing Card (Pcard) Policy for the County of Isle of Wight. It includes details on the purpose, guidelines, and procedures of the Pcard Program, focusing on efficient purchasing, cost reduction, policy compliance, expenditure tracking, fraud prevention, and rebate earning. The policy covers Pcard issuance, training, spending limits, purchase documentation, reconciliation, payments, approvals, dispute resolution, and consequences for policy breaches. Oversight is managed by the Director of Budget & Finance, with administrators and managers ensuring program adherence and implementation.