What is the maximum amount allowed for a single transaction with the GPC?

The maximum amount allowed for a single transaction with the Government Purchase Card (GPC) is generally set at the micro-purchase threshold. This threshold is defined by federal regulations and can vary, but it has been established to streamline purchases for low-value items and services, facilitating quicker procurement without extensive documentation and approval processes.

Setting the limit at the micro-purchase threshold encourages efficiency and allows government entities to make purchases without needing bureaucratic hurdles for small transactions. This practice supports operational readiness and responsiveness, especially in environments where immediate needs must be met.

Other options may refer to amounts that are either outdated or do not reflect the current regulatory standards related to federal procurement. Understanding the micro-purchase threshold and its implications helps ensure proper compliance with the established guidelines while also enabling effective use of the GPC in government operations.