JUNEAU (AP) -- The state has signed a long-term contract with First National Bank Alaska to provide credit card services for state agencies.
Jim Duncan, Department of Administration commissioner, said the six-year contract consolidates purchasing capability for goods, services and travel into one program.
Separate contracts for purchasing cards and travel expire next year, Duncan said.
The new contract will provide flexibility to meet different agency needs and reduce overhead because administration is limited to a single credit card program, Duncan said.
State agencies will begin converting to the new card system in March, with travel and procurement functions converting before fall.
Services under the contract will be available to all three branches of government and the University of Alaska.
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