Unlocking the Power of the P-Card

Event description

The Southwest Community College APEX Accelerator Program welcomes you to "Unlocking the Power of P-Card" 60-minute Webinar.

Target Audience: Government contractors and program, technical, and acquisition professionals at all levels. 

Description: WHAT YOU CAN ACTUALLY DO WITH $10,000? --- YOU'LL BE SURPRISED! This 60-minute webinar training session is designed to provide government contractors and contracting professionals with a comprehensive understanding of micro purchases and the strategic use of purchase cards. The focus will be on leveraging the micro purchase threshold for enhancing efficiency and value in government contracting, specifically for micro-consulting and productized services. In the federal sector, the judicious use of purchase cards for micro purchases can streamline and enhance market research, acquisition insights, reduce administrative costs, and foster more agile and responsive services. 

 Understanding the nuances of this mechanism is crucial for government contractors and program, technical, and acquisition professionals who aim to optimize resources and foster innovation within their departments. 

 Learning Objectives: 

 -Understand the Concept and Significance of Micro Purchases: Grasp the basics of micro purchases and their role in federal procurement, including the legal and regulatory framework that governs them.

 -Explore the Micro Purchase Threshold: Learn about the current threshold limits, how they have evolved, and their implications for procurement strategies. 

 -Maximize the Use of Micro-Consulting and Productized Services: Gain insights into how micro purchases can be used to acquire specialized consulting services and productized solutions efficiently.

 -Examples and Best Practices: Analyze real-world examples of successful purchase card usage in government agencies, extracting key lessons and strategies. 

-Understand and Navigate Policies and Regulations: Understand the policies, regulations, and ethical considerations essential for compliant and effective use of purchase cards, such as Section 889 compliance.

Facilitator: William C. Randolph, SES (ret), former Contracting Officer, Senior Procurement Executive and Head of Contracting Activity (USN, USMC, DHS). 

Founder, MicroMarket.co