Ranking Member of the US House Overseas Committee, Reprint Gerald Konoli, has launched an investigation to see if the startup ramp of the cost management is getting preferential treatment in his bid. A $ 25 million official contract.
Konoli sent a Line General Services Administration (GSA) Acting Administrator Stephen Ehkian demands information and documents related to GSA Reported plans To contract for the pilot program for the ramp. Investigations reported first Propbika.
One of Konoli’s biggest concerns is that the ramp is allegedly a “zero federal contract experience” and its investors include several Trump’s allies and supporters. These investors include the funding of the founders of Peter Thale, the Keith Rabuvis of Khosla Ventures, the flourish Capital (founded by Trump’s son -in -law Josh Kushner), Trump’s supporter. 8vcFormer Florida Governor and former Republican President George W. Bush’s brother Jeb Bush and Jeb Bush. According to Konoli’s letter, Rabus collected more than 1 million Million for Donald Trump’s 2024 campaign.
Conoli is requesting a number of GSA items, including a detailed list of all meetings between any GSA official and any ramp representative, and all communications between any GSA official, contractor, or sub -contractor and any ramp representative.
The government has an internal spending card program, dubbed smart pay, $ 700 billion. Currently, City Bank and US Bank, who are the country’s largest suppliers of credit cards, are the official bank of the current SmartPay Agreement
In April, Lindsay McCainley, head of the Ramp Communications, confirmed the Tech Crunch that the startup was “participating in a standard purchase process for our solution -based smart pay pilot program.”
He claimed that the Startup Ramp saw A public post on x The performance of the government, known as Dodge, is shared on February 18, stating that “the US government currently has 4.6 million active credit cards/accounts, which has taken unique transactions of $ 90 million for costs of 440B in FY 24.”
A former customer, a ramp claim, introduced the ramp to the GSA a few days later.
However, Konoli has alleged that the RPP has begun contacting the payments in the payment industry, which includes special bank identification numbers about the special bank identification numbers needed to take action related to the contract information (RFI) information (RFI).
He also claimed that a GSA employee recently said that the ramp was “favorite” to win the business.
There was no comment on the ramp on Konoli’s investigation.
In March, the ramp Doubled its value $ 13 billion after sale of $ 150 million secondary shares. Since its inception in 2019, Startup has collected $ 1 billion and $ 700 million in debt in equity financing.