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Council approves participation agreement for JPMorgan procurement card program
5398713 · July 15, 2025
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Summary
The council approved a participation agreement with JPMorgan Chase Bank N.A. to implement a procurement card program using the Texas Procurement Card consortium, aiming to reduce payment processing costs and realize rebates.
The Mineral Wells City Council voted 6-0 to authorize the city manager to execute a participation agreement with JPMorgan Chase Bank N.A. to implement a procurement card program through the Texas Procurement Card consortium administered by the City of Fort Worth. Staff told council the procurement card program is expected to reduce operating and…
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