RFP# 017-27 Procurement Card Program

Description: BED is seeking requests for proposals for a new Procurement Card Program. The desired procurement card program would be able to accommodate up to 50 users with varying credit limits. This program should assist with BED�s efforts to maximize efficiency and simplify the procurement process for purchases under a certain dollar threshold, while maintaining strong internal control policies and procedures. In 2024 and 2025, BED spent $116,000 and $113,000 using our current procurement card, respectively. In conjunction with new internal procurement policies, BED intends for our procurement card spending to increase to be between $1,000,000 and $1,500,000 annually. BED also anticipates the volume of transactions to range between 1,500 and 2,000 transactions annually.