GSA awards $1 billion SmartPay 2 contract to Citibank
According to the agency, the 10-year contract awarded to Citibank will have a projected value of $1 billion. GSA currently has more than 9,000 travel cardholders and 2,000 purchase cardholders and plans to issue new cards to all cardholders by Nov. 30.
The GSA’s SmartPay 2 contract provides federal agencies with charge card services for enhanced data mining and strategic sourcing capabilities, increased internal controls and customer service as well as security requirements, improved reporting capabilities and other products and services.
According to the agency, GSA SmartPay 2 is the largest government charge card program in the world.