Which FAR part pertains to the Governmentwide Commercial Purchase Card (GCPC)?

Study for the DAU Contracting Certification Exam. Prepare with multiple choice questions featuring hints and explanations. Boost your readiness and confidence for the exam!

The correct reference for the Governmentwide Commercial Purchase Card (GCPC) is FAR 13.301. This section outlines the policies and procedures regarding the use of purchase cards by federal agencies, including their authority, limitations, and guidelines for transactions. This is crucial for ensuring compliance with federal regulations pertaining to small purchases and streamlining procurement processes.

The other options do not specifically address the GCPC. FAR 13.302 focuses on the procedures for streamlined purchasing, which is broader and encompasses various types of purchases, not specifically the purchase card. FAR 14.101 pertains to sealed bidding, which is unrelated to procurement via purchase cards. Lastly, FAR 11.002 deals with the procurement of commercial items but does not specifically address the GCPC. Thus, FAR 13.301 is the appropriate choice when discussing the framework for the Governmentwide Commercial Purchase Card.

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