EPA Renews JPMorgan Contract for Charge Cards
JPMorgan Chase recently announced that it has renewed its contract with the U.S. Environmental Protection Agency for purchase, travel, and fleet charge card services.
The annual volume of the card program is expected to exceed $80 million with nearly 20,000 cards serviced. The four-year task order award is part of the U.S. General Services Administration's SmartPay® 2 program, the largest government charge card program in the world. JPMorgan has served as EPA's charge card provider since 2004 under the current program.
"In addition to improving compliance and cost-cutting initiatives, JPMorgan's electronic payment methods and online reporting tool will continue to support the EPA's goals of eliminating or reducing the paper consumption associated with procurement operations, such as purchase orders, paper checks, and petty cash requests," said W. Stephen Kouns, executive project manager with JPMorgan Federal Card Solutions.