The University participates in the New York State VISA Procurement Card program. With some exceptions all purchases under $5,000 must be done via the Departments procurement card. The list of exceptions can be found on page 5 of the New York State Procurement Card Policy and Guidelines (http://www.albany.edu/accounting/media/visa_manual_update_1-14-09.pdf). All purchases must be in accordance with SUNY purchasing guidelines.
Regardless of method of payment, all contracts must be reviewed by the Office of Purchasing and Contracts and executed by the University Controller prior to any charge assessed to the card payment being made. Please note that a credit card is not to be used for Consultant Contracts. For additional information regarding University contracts, please see the Contracts page of this web site.
Failure to follow purchasing regulations and credit card guidelines may result in disciplinary action. Account holders must attend training, provided by the Accounting Office, and will be responsible for verifying and maintaining an online account record.
Detailed information can be viewed at the Accounting web page at: http://www.albany.edu/accounting/procurement_card.html