P-card services

The Illinois Arts Council awarded a contract to INB, National Association for the provision of procurement card services under an Open Market Small Purchase mechanism. The contract, numbered 27-503IAC-IAC50-P-103831, was executed on November 2, 2026, with a total contract value of $19,500.00 and a period of performance extending through June 30, 2028. The award encompasses the issuance and management of Visa commercial cards for the Illinois Arts Council's authorized employees to facilitate official business purchases and cash advances.

Under the Commercial Card Agreement, INB, National Association will establish and maintain a corporate commercial card account with centralized administration through designated agency officials, including Joshua Davis-Ruperto (Executive Director) and Sandra Velazquez (Chief Financial Officer). The service delivery includes issuance of physical and virtual cards, online access through the eZBusiness platform for transaction reporting and monitoring, continuous fraud detection via FIS FALCON technology, and local customer support available during standard business hours with 24/7 backup support. The agreement carries no direct program fees, annual card fees, or implementation fees to the Illinois Arts Council, with program revenue generated through card interchange mechanisms. The initial contract term is one year with automatic renewal provisions, and either party may terminate with 60 days' written notice.