PRF79 Purchase Card Program Intent to Award.docx

This document is an Intent to Award Notification from the Commonwealth of Massachusetts, specifically issued by the Operational Services Division on behalf of the Office of the Comptroller for the PRF79 Purchase Card (P-Card) Program. The bid solicitation, identified as COMMBUYS Bid #BD-21-1080-OSD03-SRC01-64108, was evaluated by the Strategic Sourcing Team (SST), with Bank of America, N.A. identified as the Apparent Successful Bidder. Five banks submitted competitive proposals, with Bank of America receiving the highest evaluation score of 86.29 out of 100 points.

The document reveals a competitive bidding process for a statewide purchase card program, with multiple financial institutions competing for the contract. The other bidders included JP Morgan Chase (81.27 points), U.S. Bank, N.A. (78.83 points), Citizens Bank, N.A. (69.08 points), and Santander Bank, N.A. (59.75 points). The contract award is pending successful negotiations and execution of contract documents. While specific contract terms, pricing, and duration are not detailed in this notification, the document indicates a comprehensive evaluation process that considered multiple factors beyond just cost, resulting in Bank of America being selected as the preferred vendor for the Massachusetts Purchase Card Program.