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Government Procurement Card

Volume 487: debated on Monday 26 January 2009

To ask the Chancellor of the Exchequer what the (a) minimum and (b) maximum value of transactions is that can be made using the Government Procurement Card. (250478)

The maximum single transaction value that can be made using the Government Procurement Card is equivalent to $500,000.

There is no minimum transaction value.

Such high value transactions would be subjected to an extremely high level approval process from the card issuing bank, before payments were made to suppliers.

To ask the Chancellor of the Exchequer pursuant to the answer to my right hon. Friend the Member for Horsham (Mr. Maude) of 11 December 2008, Official Report, column 261W, on the Government Procurement Card, which are the card-issuing banks. (250479)

The Government Procurement Card service is headed up by Visa Europe together with six card issuing banks. These banks are:

Barclaycard Commercial

Royal Bank of Scotland (RBS)

NatWest Bank

Ulster Bank

The Cooperative Bank

Lloyds TSB

To ask the Chancellor of the Exchequer pursuant to the answer to my right hon. Friend the Member for Horsham (Mr. Maude) of 11 December 2008, Official Report, column 261W, on the Government Procurement Card, what bodies other than the card issuing banks hold data on card transactions. (250480)

The card issuing banks are the main bodies that store data for transactions made through the Government Procurement Card (GPC) service.

Some customer organisations will hold their own GPC transactional data, this being provided by the card issuing banks. Additionally some customer organisations may hand off GPC transactional data to third party service providers, to help streamline the purchase to pay process.