What is a GSA large transaction?

The definition of a GSA large transaction primarily relates to transactions executed using purchasing cards that are issued to federal agencies under the General Services Administration (GSA). This system is designed to streamline the procurement process for government entities, allowing them to make purchases efficiently and effectively. When a federal agency utilizes a purchasing card for a transaction that exceeds a specified monetary threshold, this is classified as a large transaction.

This classification is significant because it often entails compliance with various regulations and oversight to ensure that these transactions are carried out in a manner that is both accountable and adherent to federal procurement standards. The other options relate to different kinds of financial transactions or services but do not specifically pertain to the concept of GSA large transactions in the context of government purchasing cards.