What is a common consequence of not submitting timely documentation for GPC transactions?

Submitting timely documentation for Government Purchase Card (GPC) transactions is crucial for maintaining compliance with regulations and ensuring proper oversight of spending. One of the common consequences of failing to submit this documentation on time is the potential loss of card privileges. This consequence serves as a necessary enforcement mechanism to uphold accountability in the use of government funds.

When cardholders do not provide the required documentation, it can lead to a lack of transparency and increase the risk of misuse or unauthorized purchases. As a result, the authorities responsible for overseeing GPC usage may choose to revoke a cardholder's access to the card to protect government resources and ensure fiscal responsibility. This maintains the integrity of the procurement process and ensures that all transactions are appropriately vetted and documented.

In contrast, receiving a commendation for efficiency would typically require proper and timely management of transactions, and increased card spending limits would depend on demonstrated responsible use, not a failure to document. The notion that no consequence exists contradicts the established regulatory framework designed to enforce compliance and accountability among GPC users.