Award

Prepaid Cards Service

LONDON BOROUGH OF MERTON

This public procurement record has 1 release in its history.

Award

01 Mar 2022 at 16:02

Award Notice
Summary of the contracting process

The London Borough of Merton has recently completed a tender process for the "Prepaid Cards Service", aimed at providing a secure financial mechanism for the electronic transfer of funds to customers with social care needs. The tender was classified under the CPV code for "Charge cards" and was conducted using a selective procurement method known as a restricted procedure. The tender period ended on 3rd February 2022, and the award, amounting to £53,536, was made on 1st March 2022. The contract covers a period from 3rd March 2022 to 3rd March 2026, with services expected to be delivered within England, specifically from the locality of Morden.

This tender represents a significant opportunity for service providers specialising in financial services, particularly those capable of delivering innovative prepaid card solutions. Businesses that are well-suited to compete for this contract include small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) that can ensure effective fund management and provide tailored financial governance. Engaging in this procurement process can help these businesses expand their services in social care finance, establishing strong partnerships with local authorities while supporting vulnerable communities.

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Notice Information

Notice Title

Prepaid Cards Service

Notice Description

To enable the buyer (the Council) to have a secure mechanism to electronically transfer funds to eligible customers with social care needs under direct payment scheme, which they are then able to use to purchase the care they require from a supplier of their own choice, and under arrangements, which they themselves control as best suits their own circumstances, needs and preferences. To provide good financial governance for the buyer (the Council) including monitoring spend to ensure that funds are being spent according to an individual customer's assessed needs and provide an audit trail of payments and expenditure that the prepaid card solution offers. Therefore, the buyer requires a solution that is capable of issuing physical prepaid cards, virtual cards, direct debits, trigger alerts, limit spend and allow instant access to a wide range of periodical financial management reports as may be deemed necessary.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4ad7d2e4-47f0-49d0-bc9d-aa27e9922717
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/381c2d67-5c0c-4e71-88fb-3f3d9f45cf3c
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
SME, VCSE
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
£53,536 Under £100K
Lots Value
Not specified
Awards Value
£53,536 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Mar 20223 years ago
Submission Deadline
3 Feb 2022Expired
Future Notice Date
Not specified
Award Date
1 Mar 20223 years ago
Contract Period
3 Mar 2022 - 3 Mar 2026 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF MERTON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Merton
Electoral Ward
Merton Park
Westminster Constituency
Wimbledon

Supplier Information

Number of Suppliers
1
Supplier Name

ALLPAY

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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