Published date: 7 March 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 28 February 2023, 11:59pm

Contract summary

Industry

  • Office machinery, equipment and supplies except computers, printers and furniture - 30100000

  • Software package and information systems - 48000000

  • Banking and investment services - 66100000

Location of contract

South East

Value of contract

£121,148

Procurement reference

IOW001-DN644220-20535678

Published date

7 March 2023

Closing date

28 February 2023

Closing time

11:59pm

Contract start date

1 March 2023

Contract end date

28 February 2027

Contract type

Service contract

Procedure type

Direct award

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

Prepaid card accounts used to hold funds for individuals in receipt of a Direct Payment. The contract is to facilitate the use of the Prepaid card and to allow individuals in receipt of a Direct Payment to use the Prepaid card to pay for care and support required as part of their Direct Payment. This was procured via the NEPO 505 Payment Card Services, Lot 1 Prepaid Payments and was a Direct Award conducted as per the stated criteria of the Framework.

More information

Additional text

Please note that the value is estimated as will fluctuate during the contract; the value may also change according to any RPI-X increases, as referred to within the framework agreement. The value stated in the notice is the expected year one cost x 4 years with 3 years being the initial term and the 4th year extension not confirmed. The contract dates show the whole potential life of the contract (3+1 years) but the initial term is 01 March 2023 - 28 February 2026, with the potential extension being until 28 February 2027.

Award information

Awarded date

28 February 2023

Contract start date

1 March 2023

Contract end date

28 February 2027

Total value of contract

£121,148

This contract was awarded to 1 supplier.

EML Payments

Address

4th Floor, 35 Great St Helens, London EC3A 6AP

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Lucy Chandler

Address

County Hall
High Street
Newport
PO30 1UD
England

Telephone

+44 1983821000

Email

lucy.chandler@iow.gov.uk

Website

http://www.iwight.com