The State of Florida Purchasing Card Program is a contract between the State of Florida Department of Management Services and Bank of America to provide corporate purchasing card services to the State of Florida and its eligible users. The contract includes terms and conditions for the use of the purchasing cards, including payment terms, fees, and rebates. The contract also includes provisions for data security and information protection. The key aspects of the contract include:
* The State of Florida and its eligible users will use the purchasing cards for business purposes only
* Bank of America will provide the purchasing cards and related services, including billing and payment processing
* The contract includes a rebate program, where the State of Florida and its eligible users can earn rebates based on their purchase volume
* The contract includes provisions for data security and information protection, including the use of secure systems and protocols to protect sensitive information
* The contract has a term of 5 years, with an option to renew
Some of the key benefits of this contract include:
* Convenient and efficient payment processing for the State of Florida and its eligible users
* Rebates and discounts for the State of Florida and its eligible users based on their purchase volume
* Enhanced data security and information protection measures to protect sensitive information
* A long-term partnership between the State of Florida and Bank of America to provide corporate purchasing card services