149th Plenary Meeting SUNY Delhi - April 17-19 2008 > Appendices > Staff > Payroll Audit Summary > Finance and Business

The Citibank Visa Corporate Purchasing Card, known as the "procurement card" offers System Administration an alternative procurement method when making small dollar purchases. The program is intended to reduce the time between requesting, ordering and actual receipt of goods or services. The procurement card is currently accepted by vendors that accept the Citibank Visa Card.
 
The card is issued to the individual who is responsible for purchase requisitions in your office. This card may only be used for "official" State University purchases. Use of the card for personal items, cash advances and business travel expenses is not permitted. The transaction limit for the procurement card is set at $2,500. Cards are non-transferable and must be returned upon termination of employment.

Cardholders are required to maintain a record of procurement card transactions. A monthly statement is provided by Citibank Visa to all cardholders and the cardholder is responsible for performing a monthly certification of his/her statement on-line. This certification entails comparing the monthly statement to the transaction logs in order to verify that purchases and returns are accurately listed. It is a simple on-line process that takes only a few minutes. Each cardholder is fully trained in this process.

If you would like more information about the procurement card, contact our purchasing department.