Published date: 24 February 2017
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Financial and insurance services - 66000000
Location of contract
Any region
Value of contract
£24,000,000
Procurement reference
NEPO505
Published date
24 February 2017
Closing date
4 October 2016
Contract start date
9 January 2017
Contract end date
8 January 2021
Contract type
Service contract
Procedure type
Open procedure
Any interested supplier may submit a tender in response to an opportunity notice.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
The North East Procurement Organisation (NEPO) Framework Contract award for the provision of Prepaid Card Accounts allowing Contracting Authorities an alternative method to manage their cash disbursements and budget monitoring.
Prepaid Card Accounts will operate similar to a standard UK Bank Account, including the option to withdraw cash from an ATM, make regular payments, pay vendors and receive regular statements. Prepaid Card Accounts do not have an accessible overdraft facility.
Prepaid Cards operate much in the same way as standard Debit Card whereby funds will be preloaded by Contracting Authorities and used by the Cardholder until the balance is exhausted.
It is anticipated that Contracting Authorities will primarily use Prepaid Card Accounts for Social/Health Care related Direct Payments and for the management of Corporate Expenses. This is not exhaustive and Contracting Authorities may require the Prepaid Card Accounts for additional related services.
More information
Award information
Awarded date
29 November 2016
Contract start date
9 January 2017
Contract end date
8 January 2021
Total value of contract
£24,000,000
This contract was awarded to 3 suppliers.
Prepaid Financial Services Limited
Address
4th Floor, 36 Carnaby Street, London, W1F 7DR
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
Allpay Limited
Address
Whitestone Business Park, Whitestone, Hereford, HR1 3SE
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
Aquarium Software Limited
Address
Poplar House, 126A Ashley Road, Hale, Cheshire, WA14 2UN
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Adam Smith
Address
Guildhall, Quayside
Newcastle upon Tyne
NE13AF
England
Share this notice
Closing: 4 October 2016