Award

Provision of a Pre Paid Card Service

LONDON BOROUGH OF MERTON

This public procurement record has 1 release in its history.

Award

05 Jan 2018 at 10:29

Summary of the contracting process

The London Borough of Merton has recently completed a procurement process titled "Provision of a Pre Paid Card Service," which falls under the services category, specifically classified as charge cards (CPV code: 30163000). The contract, valued at £23,500, was awarded to Professional Financial Services Ltd. The procurement method used was a selective procedure, with the tender period closing on 14 August 2017. The contract is set to commence on 19 March 2018 and will run until 18 March 2021, with services being delivered in London, United Kingdom.

This tender presents an excellent opportunity for businesses in the financial services industry, particularly those specialising in prepaid card solutions and payment services. Companies well-suited to compete may include both large-scale financial service providers and smaller enterprises with innovative offerings that align with the requirements of local authorities. The successful provider can leverage this contract to establish a strong relationship with the local government, enhancing their profile and paving the way for future public sector engagements.

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Notice Title

Provision of a Pre Paid Card Service

Notice Description

Provision of a pre-paid card services for customers receiving a direct payment

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-20c843bd-0b3d-4751-bc89-e3e5fe91900f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cdab1b56-d9b4-4076-801e-d0a73edb7788
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

30 - Office and computing machinery, equipment and supplies except furniture and software packages


CPV Codes

30163000 - Charge cards

Notice Value(s)

Tender Value
£23,500 Under £100K
Lots Value
Not specified
Awards Value
£23,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Jan 20188 years ago
Submission Deadline
14 Aug 2017Expired
Future Notice Date
Not specified
Award Date
5 Jan 20188 years ago
Contract Period
19 Mar 2018 - 18 Mar 2021 3-4 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
LONDON BOROUGH OF MERTON
Contact Name
David Slark
Contact Email
david.slark@merton.gov.uk
Contact Phone
+44 2085453043

Buyer Location

Locality
MORDEN
Postcode
SM4 5DX
Post Town
Sutton
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
Delivery Location
TLI London

Local Authority
Merton
Electoral Ward
Merton Park
Westminster Constituency
Wimbledon

Supplier Information

Number of Suppliers
1
Supplier Name

PROFESSIONAL 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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