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September 12, 2017 By AMK

GSA awards contract for $700 billion federal charge card program

The General Services Administration (GSA) last Tuesday (Sept. 5, 2017) announced that it has awarded two American banks with major contracts to manage the government’s next-generation charge card system.

GSA said that Citibank, N.A., and U.S. Bank would handle the implementation of SmartPay 3, the newest iteration of the federal charge card program. The contracts will facilitate a potential $700 billion in charge card expenditures and related payment transactions if the government exercises all of its extension options.

The GSA’s SmartPay program provides federal employees with chip-enabled charge cards, online accounts and other services that allow them to expense purchases, travel and fleet costs to their agencies. SmartPay 3 will replace the GSA’s current charge card program, SmartPay 2, when it expires on Nov. 29, 2018. The new contract runs through November 2021 with the option to extend for an additional 10 years. Agencies can now begin issuing task orders to contractors under SmartPay 3.

Keep reading this article at: http://www.govexec.com/technology/2017/09/gsa-awards-700b-contract-federal-charge-card-program/140750

Filed Under: Government Contracting News Tagged With: commercial payment, credit card, GPC, GSA, SmartPay®

February 9, 2017 By AMK

GSA seeks proposals for huge governmentwide charge card contract

The General Services Administration (GSA) is seeking proposals for a massive new contract it will award this summer for its governmentwide charge card payment program.

The agency issued a request for proposals on Wednesday for GSA SmartPay 3, the next iteration of a nearly 20-year-old program that provides the government with purchase, travel, fleet, and integrated payment solutions. The contract runs through Nov. 28, 2021, with a potential extension to 2031.The current contract for GSA SmartPay 2 expires on Nov. 29, 2018.

The estimate total value for the SP3 contract is $700 billion, according to the RFP.

Keep reading this article at: http://www.govexec.com/management/2017/02/gsa-seeks-proposals-huge-governmentwide-charge-card-contract/135141/

Filed Under: Government Contracting News Tagged With: GPC, GSA, Pcard, RFP, SmartPay®

December 29, 2011 By AMK

White House urges agencies to remember small businesses for micro purchases

Continuing its push to support small businesses, the White House is reminding agency financial and acquisition officers not to forget small firms when they make credit card micro purchases of $3,000 or less, which are not affected by larger scale required set-asides.

A Dec. 19 letter from Dan Gordon, the departing administrator of the Office of Federal Procurement Policy, and Danny Werfel, controller, said the Office of Management and Budget and the Small Business Administration are “working with agencies to improve access by small businesses to the federal marketplace and to increase communications to small businesses about federal business opportunities.” Agency purchase cardholders “should consider small businesses, to the maximum extent practicable, when making micro purchases.”

According to a private study required by Congress, agencies used the General Services Administration’s SmartPay® purchase cards in fiscal 2010 for $6 billion in transactions with small businesses at or below the micro purchase threshold. This amounts to about 30 percent of the total annual government purchase card spending, the letter stated.

The White House asked agencies within six months to “adjust cardholder training as needed to help ensure cardholders continue to place a reasonable proportion of micro purchases with small businesses, consistent with agency mission support needs.”

— by Charles S. Clark – Government Exercutive – December 22, 2011 – http://www.govexec.com/story_page.cfm?articleid=49632&dcn=e_gvet

Filed Under: Government Contracting News Tagged With: acquisition workforce, credit card, GSA, micro purchase, OFPP, OMB, Pcard, small business, SmartPay®

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