Ramp's $25 Million Charge Card Program Consideration Raises Contracting Concerns

As the U.S. government eyes Ramp for a $25 million charge card pilot, lobbyist ties and insider interest spark scrutiny over contract allocation rules.

Sources:
TechCrunchPropublica
Updated 3h ago
Section 1 background
Expert Analysis

Analysis of Ramp's Technology and Contracting Issues

This goes against all the normal contracting safeguards that are set up to prevent contracts from being awarded based on who you know.
Scott Amey
general counsel with the bipartisan Project on Government Oversight
Propublica
Key Facts
  • Ramp helped businesses manage their budgets effectively and is seen as a potential asset for a variety of government agencies.Propublica
Section 2 background
Background Context

Background on SmartPay and Ramp's Consideration

Budget of the SmartPay program
$700 billion
TechCrunch
Estimated value of the charge card pilot program contract
$25 million
TechCrunch
Key Facts
  • SmartPay is a $700 billion internal expense card program developed by the U.S. government to manage expenses.TechCrunch
  • The charge card pilot program in consideration for Ramp is estimated to be worth up to $25 million.TechCrunch
  • Ramp has been lobbying for the administration’s attention since January, illustrating their strategic push for this opportunity.TechCrunch
Article not found
⌂ Home ‹

Source Citations