About GSA
Gov't Charge Cards GSA SmartPay

In 1998, GSA awarded five contracts to provide federal agencies with a new way to pay for commercial goods and services, as well as travel and fleet-related expenses. 

The GSA SmartPay® contracts were effective from November 30, 1998 through November 29, 2003, with the first of five one-year option periods exercised extending the period of performance to November 29, 2004.  Awards were made to five service providers: Bank of America, Bank One, Citibank, Mellon Bank and U.S. Bank.

The GSA SmartPay® program provides the federal government and its contractors with numerous benefits including:

  • A streamlined purchasing process that eliminates the use of purchase orders and reduces administrative costs;
  • An improved payment process that allows fully automated invoicing and payment processing;
  • Performance based refunds for agencies based on net charge volume; and 
  • Electronic access systems that allow for streamlined financial operations and allocation methods.

 

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Last Modified 6/22/2004