Part VI: Upkeep & Maintenance
Mandatory Reporting to FPDS-NG
The Federal Procurement Data System - Next Generation (FPDS-NG) provides a comprehensive mechanism for assembling, organizing and presenting contract placement data for the federal government. In accordance with FAR 4.602(3)(b) and (c)(1), agencies must report all transactions over $3,000 and modifications to those transactions regardless of dollar value. The FPDS-NG website, https://www.fpds.gov, provides instructions for submitting data.
Statutes That Govern Use of the Purchase Charge Card
The purchase charge card has a solid grounding in key statutes and regulations. Although many small-scale purchases are low in dollar amount, taken together, small-scale purchases account for billions of dollars in contracting and are a critical part of the government's acquisition process. For further information see Government Purchase Cards, which prescribes procedures that apply to all departments and agencies that use the government purchase charge card, at http://www.fms.treas.gov/tfm/vol1/v1p4c450.txt.
Purchases of supplies and services are covered by Federal Acquisition Regulations (FAR), purchase of property is covered by Federal Property Management Regulations (FPMR), and the Federal Acquisition Streamlining Act of 1994 (FASA) provides an additional basis for a more simplified approach to purchasing.
Click here to take the GSA SmartPay® purchase charge card quiz