Purchasing Card Services

The Florida Purchasing Card Services contract provides state agency employees and eligible local government entities with restricted-use, non-revolving credit cards (Visa or MasterCard) for official business purchases within preset transaction limits. The contract encompasses comprehensive purchasing card program management, including card issuance, customizable transaction limits, merchant category code restrictions, and robust reporting capabilities. Additionally, the vehicle includes training services for cardholders, administrators, supervisors, and finance and accounting personnel, as well as integration with Florida's accounting systems (FLAIR and the newer Florida PALM system). The program features zero annual card fees, waived return payment fees, and a 2% international transaction fee, with detailed security provisions and specific requirements for card administration and customer support.

This multiple award vehicle is administered by the State of Florida Department of Management Services with Bank of America, N.A. as the prime contractor. The contract covers all state agencies and over 35 participating entities across the State of Florida, including other eligible users as defined by Florida Administrative Code Rule 60A-1.001. The contract was originally executed on January 5, 2016, with a five-year initial term and one five-year renewal option, currently scheduled through January 4, 2026. The contract provides tiered rebate structures based on transaction volume, with state agencies earning 178 basis points on standard spend and 59 basis points on large ticket interchange transactions, while other eligible users earn between 110-171 basis points depending on annual spend volume.