Published date: 24 February 2017

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


Closing: 4 October 2016

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

Links

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

Email

adam.smith@nepo.org