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Arkansas Office of State Procurement·Arkansas

Commercial Card Services

Closes 5/16/2025$7.6M – $15.3MRequest for Proposal
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Description

The State of Arkansas is seeking a contractor to provide commercial card services, including purchasing cards, travel cards, and other related services. The contractor will be responsible for providing a comprehensive commercial card program, including a web-based data management and reporting system, and for paying the state a rebate on every purchase made using a commercial card issued under the program. The contract will be for an initial term of two years, with the option to renew for up to five additional one-year terms. The state estimates that the total dollar volume of the contract will be approximately $763 million over the life of the contract. Key aspects of the job include: • Providing a comprehensive commercial card program • Offering a web-based data management and reporting system • Paying the state a rebate on every purchase made using a commercial card • Providing customer support and training to state agencies and employees • Ensuring compliance with all applicable laws and regulations

Attached files

Contact

Kimberly Haywood(Procurement Specialist)

[email protected]

(501) 683-2222

Key dates

Opened
4/14/2025
Questions due
4/21/2025
Closes
5/16/2025
Projected award
8/1/2025
Duration
7 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522320
Solicitation №
S000000392

Budget estimate

$7,630,000 – $15,260,000

Based on the estimated total dollar volume of the contract, which is $763 million over the life of the contract, and assuming a rebate percentage of 1-2%, the potential budget for the contractor could be in the range of $7.63 million to $15.26 million per year. However, this is a rough estimate and the actual budget may vary depending on various factors, such as the actual rebate percentage, the number of transactions, and the volume of purchases made using the commercial cards.

AI estimate from the solicitation

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