What are three authorized uses of the Governmentwide Commercial Purchase Card?

The correct response highlights authorized uses of the Governmentwide Commercial Purchase Card (GPC) that align with established procurement regulations and practices.

Open-market micro-purchases are often made through the GPC for individual transactions that do not exceed the micro-purchase threshold, allowing for efficient and timely procurement of goods and services. This method simplifies the purchasing process and allows government personnel to acquire low-cost items without extensive paperwork.

Contract payments can also be processed using the GPC, as they pertain to existing contracts where cardholders authorized to make such payments can efficiently handle transactions that fall within the limits of their purchasing authority. This provides flexibility and speed in managing procurement needs.

Order placements represent another essential use of the GPC, allowing cardholders to place orders directly with vendors, facilitating prompt access to products and services in the needed amounts. This function is especially useful in scenarios requiring quick turnaround times.

The other options include uses that either do not align with the intent of the Governmentwide Commercial Purchase Card Program or are not typical practices acceptable under its guidelines. Understanding these distinctions is vital for compliance with procurement regulations and effective use of the GPC.