A Review of State Agencies' Use of Procurement Cards
The procurement card program began in 1996 to allow state employees to make small dollar purchases and to help streamline payments. It is administered by the Budget and Control Board’s Materials Management Office. The Comptroller General's Office is responsible for day-to-day oversight and payment administration. Bank of America is under contract with the B&CB, and issues the Visa cards used in the program.
Currently over 10,000 cards have been issued at 93 state agencies. From August 1, 2008 through July 31, 2009, the state made purchases totaling more than $163 million. In 2009, the state earned approximately $2.7 million in rebates.