Commercial Charge Card Services

The Texas State Contract 946-M2 provides comprehensive commercial charge card services for governmental entities, focusing on financial transaction tools and banking solutions. The vehicle covers a wide range of credit and payment card services, specifically addressing procurement cards, unsecured credit cards, and related financial instruments. Utilizing UNSPSC codes 84140000, 64101800, 64101802, 64101804, and 84141600, the contract enables state agencies to access standardized credit and payment card services through a centralized procurement mechanism.

The master vehicle is managed by CPA Contract Management and was awarded to Citibank (South Dakota), N.A. on June 1, 2017, with a performance period extending through August 31, 2025. The contract type is a term contract specifically designed for Texas state governmental entities, providing a state-wide procurement solution for commercial charge card services. While the exact total contract value is not disclosed, the extended eight-year term suggests a significant strategic financial services procurement approach for the state.

The individual IDV (946-M2 (Citibank (South Dakota), N.A.)) represents a single award to Citibank, covering comprehensive commercial charge card services. The contract enables Texas governmental entities to procure standardized financial transaction tools through a pre-negotiated agreement. Although specific award-level details such as MWBE/SDVOB participation goals are not provided, the contract's broad scope and extended performance period indicate a robust and flexible solution for state financial service procurement needs.