Award

Provision of Pre Paid Card Services

ISLE OF WIGHT COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

17 Feb 2017 at 06:53

Award

16 Feb 2017 at 14:56

Summary of the contracting process

The Isle of Wight Council has awarded a contract for the "Provision of Pre Paid Card Services" under the Surrey County Council's Pre Paid Accounts and Associated Services Framework Agreement. This procurement falls under the services category, specifically classified as accounting, auditing, and fiscal services (CPV code 79200000). The contract, valued at £97,500, commenced on 2nd January 2017 and will run for three years, with an option to extend for an additional two years. The council is located in Newport, England, and the procurement process is now complete.

This tender presents valuable opportunities for small and medium-sized enterprises (SMEs) with expertise in financial services, particularly those capable of managing prepaid card solutions. Those interested in expanding their business capabilities in public sector financing may find this contract particularly suited to their offerings. As the council seeks highly qualified providers for ongoing service, companies with a proven track record in similar sectors could successfully compete for similar future tenders.

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Notice Title

Provision of Pre Paid Card Services

Notice Description

The Isle of Wight Council ('the Council') invites quotes from suitably qualified providers for the provision of Prepaid Card Services. The Council invites quotes under Surrey County Council's Pre Paid Accounts and Associated Services Framework Agreement. The contract is to run from January 2017 for a period of three years with the option to extend for up to a further two years in one year increments at the sole discretion of the Council.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-080cc692-e367-4cbc-9e70-6db210dc7b29
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4734804e-8310-4590-a7db-491543733938
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£97,500 Under £100K
Lots Value
Not specified
Awards Value
£97,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Feb 20179 years ago
Submission Deadline
30 Jun 2016Expired
Future Notice Date
Not specified
Award Date
2 Oct 20169 years ago
Contract Period
2 Jan 2017 - 1 Jan 2022 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
ISLE OF WIGHT COUNCIL
Contact Name
Lucy Chandler
Contact Email
lucy.chandler@iow.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
NEWPORT
Postcode
PO30 1UD
Post Town
Portsmouth
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ34 Isle of Wight
Delivery Location
TLK South West (England)

Local Authority
Isle of Wight
Electoral Ward
Newport Central
Westminster Constituency
Isle of Wight West

Supplier Information

Number of Suppliers
1
Supplier Name

PREPAID FINANCIAL SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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