Targets rise for procurement cards_3
18 July 2012
The Treasury has raised the stakes for its procurement card scheme by trebling the target spend for 2000.
It wants £55 million-worth of transactions to be billed to government cards this year, compared with around £18 million in 1999 and just under £2 million in 1998, the scheme’s first full year, according to the latest annual report by consultancy KPMG.
When the card is being used fully as planned, it should handle around £300 million of annual spending on low-...