From: BusinessTravelNews
By JoAnn DeLuna
Supplier contracts for the U.S. General Services Administration’s SmartPay card program—which spans purchase, travel, fleet and integrated charge cards and related payment solutions for more than 350 agencies—don’t expire until November 2018. But considering the massive program’s implementation time, GSA’s SmartPay team recently began to explore the features the next set of contracts will require.
Total SmartPay card spend for GSA’s 2014 fiscal year, which ended Sept. 30, 2014, was $26.4 billion, up slightly from $26 billion the previous year. Specifically, the 2.4 million travel cardholders spent $7 billion, the second-highest SmartPay card spending category after purchase cards ($17.1 billion). Since the initial implementation of the GSA SmartPay program in the late 1990s, GSA has earned $2.75 billion in rebates, according to David Shea, director of the office of charge card management for GSA’s Federal Acquisition Service, including more than $240 million in its 2014 fiscal year alone.
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