Ramp, an expense management startup, has confirmed its candidacy for a charge card pilot program under the GSA's SmartPay initiative, a $700 billion program. The contract, possibly valued at $25 million, follows Ramp's lobbying efforts aimed at securing government attention since January. Co-founder Eric Glyman and investor Kyle Harrison articulated their vision for government efficiency in a blog post. Ramp's strong financial backing from notable figures such as Peter Thiel and Jeb Bush underlines its potential impact on federal spending, with claims of wasted expenditures in the billions.
Ramp is competing for a $25 million charge card pilot program with the U.S. government's GSA, highlighting its ambition in government expense management.
The company's lobbying efforts for government contracts date back to January, aligning with a financial agenda that resonates with prominent political figures.
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