Effective April 15, 2023, the Commonwealth Accounting Policies and Procedures (CAPP) Manual, which UMW’s SPCC Program must adhere to, changed the maximum allowable charge card fee percentage able to be charged by a supplier from 4% to 3%. The following provides guidance to Cardholders regarding how to handle charge card fees imposed by suppliers. https://adminfinance.umw.edu/procurement/spcc-charge-card-fee-guidance/
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