• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

JPMorgan Chase to Provide Charge Card Services to NASA

Posted on: Tuesday, 25 March 2008, 03:00 CDT

The National Aeronautics and Space Administration has selected JPMorgan Chase as its provider for purchase, travel and fleet charge card services. The contract award is part of the US General Services Administration's SmartPay2 program.

JPMorgan Chase will supply The National Aeronautics and Space Administration (NASA) with approximately 20,000 charge cards to be used by their employees for purchase, travel and fleet purchases, according to the three-year initial contract. The contract also provides for three, two-year renewals and another one-year renewal.

William McNally, associate administrator for procurement at NASA, said: "JPMorgan Chase offered NASA the best overall value for bankcard services and was rated higher than other firms on its past performance."

Stephen Kouns, executive project manager of federal card solutions business at JPMorgan Chase, added: "JPMorgan Chase, as the new provider, will help to ensure a smooth and seamless transition to a system that will enhance NASA's current card services."

Source: Datamonitor

More News in this Category