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Government Procurement Cards are a useful tool in helping Government to transact in the purchase of low cost goods and services and are particularly helpful in supporting our use of SMEs. They enable purchasers to streamline ordering processes, for example removing the need to raise a purchase order, and ensure that the Government meet their prompt payment initiatives.
Recently I commissioned the Government's chief procurement officer to review the usage of these payment cards and deliver a common policy supported by standardised reporting across central Government. We are now working with each of the card providers to provide a consistent method of reporting government procurement card spend data for transactions above £500 in value, so this is available for publication on/via departmental websites, from the end of September 2011.