The Southern Methodist University Procurement Card Program is designed to provide authorized faculty and staff with a cost-effective and convenient method of procuring small dollar purchases of regularly consumed supplies. Card users are expected to make sound business decisions in the best interest of the University and always comply with the policies and procedures set forth in this guide and the Procurement Card Custodian Use Agreement.
The Procurement Card Program is not intended to supplant the University’s existing purchasing system. It is intended to broaden the University’s portfolio of procurement methods. Ideally, the Procurement Card is recommended for the purchase of allowable expenses less than $5,000 in value.