MSBO is pleased to make available the Michigan Purchasing Card Consortium led by MSBO, with MASB and MASA as partners, PFM, LLC, and BMO Harris Bank as the provider for our statewide program. The program is open to all school districts, colleges and universities in the state. Because we are aggregating the “spend” of a large group of schools, the bank offers a rebate.
- BMO Spend Dynamics — Benefits Sheet — Standard Functionality
- BMO Spend Dynamics — Benefits Sheet — Premium Functionality
Summary Information Sheet includes highlights of the purchasing card program and MSBO, PFM, LLC, and BMO Harris Bank contact information on a statewide basis.
An example of the Purchasing Card Program Agreement between the district and the Michigan Purchasing Card Consortium is provided for your reference. This agreement has been reviewed by Thrun Law Firm, P.C. and Clark Hill PLC law firm and will need to be executed by the district. Send two originally-signed copies to MSBO. We will return one copy to you once signed by the Consortium. Before being issued bank documentation for a purchasing card program, your respective PFM, LLC representative will need to have the underlying credit exposure approved before initiating the implementation. Contact Beth Smith, PFM, LLC at 631.542.5315.
Sample forms, policies, and procedures are provided below. Use them as references when developing policies for your district.