Procurement Card Services

This contract awards the State‑wide Procurement Card (P‑Card) program to a single vendor who will provide all card‑related services for Mississippi state agencies, universities, school districts, and other governing authorities. The vendor must issue and manage plastic cards (procurement, travel, declining‑balance, and Education Enhancement Fund cards), support cardless accounts, maintain a secure electronic operating system, integrate with SAP/MAGIC and other ERP platforms, and deliver extensive reporting, training, and 24×7 support. The program supports roughly 38,000 cards and $50 M in annual spend, with a requirement to deliver 37,000 new Education Enhancement Fund cards by August 1 2023. The contract is a three‑year base term with two optional one‑year renewals, and the provider operates on a “net‑of‑fee” basis, earning revenue from per‑card fees and rebate/revenue‑sharing arrangements. • Scope includes card issuance, system integration, fraud prevention, monthly statements, and rebate processing for ~200 state entities. • Mandatory implementation window of six months; EEF cards must be in teachers’ hands by 1 Aug 2023. • Awarded to UMB Bank, N.A. after an open competition among three major banks.