Award

Provision of Prepaid Card Accounts - Call Off from NEPO505 Payment Card Services

MILTON KEYNES COUNCIL

This public procurement record has 1 release in its history.

Award

18 Jun 2025 at 11:36

Summary of the contracting process

The procurement process, led by Milton Keynes Council, involved a tender titled "Provision of Prepaid Card Accounts - Call Off from NEPO505 Payment Card Services," which falls under the Financial and Insurance Services industry category. The procurement, situated in the South East region of England, has reached the award stage. Key dates include the tender period's end on 1st June 2025 and the contract period from 12th June 2025 to 11th June 2027. This procurement was conducted through a selective method, specifically a call-off from a framework agreement, targeting services for managing prepaid card accounts for direct payment service users.

This tender represents a significant opportunity for businesses in the financial services sector, particularly those specialising in prepaid financial services and related social work services. SMEs and voluntary, community and social enterprises (VCSE) are particularly well-suited for opportunities like this, given the project's suitability requirements. PREPAID FINANCIAL SERVICES LIMITED has been selected as the supplier, showcasing the potential for substantial business growth within this niche market, particularly for large-scale operations.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Provision of Prepaid Card Accounts - Call Off from NEPO505 Payment Card Services

Notice Description

Direct Award from Lot 1 of NEPO505: Payment Card Services. Service to manage the pre-paid card accounts for service users who are eligible for direct payments.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-599f1e00-df7a-47af-9ee7-6a94adc40dc6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f8e33aea-0e37-4c81-9906-f62c96bdd9d4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

85 - Health and social work services


CPV Codes

66000000 - Financial and insurance services

85300000 - Social work and related services

Notice Value(s)

Tender Value
£84,878 Under £100K
Lots Value
Not specified
Awards Value
£84,878 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jun 20258 months ago
Submission Deadline
1 Jun 2025Expired
Future Notice Date
Not specified
Award Date
10 Jun 20258 months ago
Contract Period
11 Jun 2025 - 11 Jun 2027 1-2 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
MILTON KEYNES COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MILTON KEYNES
Postcode
MK9 3EJ
Post Town
Milton Keynes
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ12 Milton Keynes
Delivery Location
TLJ South East (England)

Local Authority
Milton Keynes
Electoral Ward
Central Milton Keynes
Westminster Constituency
Milton Keynes Central

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

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-599f1e00-df7a-47af-9ee7-6a94adc40dc6-2025-06-18T12:36:07+01:00",
    "date": "2025-06-18T12:36:07+01:00",
    "ocid": "ocds-b5fd17-599f1e00-df7a-47af-9ee7-6a94adc40dc6",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "2025-085",
        "title": "Provision of Prepaid Card Accounts - Call Off from NEPO505 Payment Card Services",
        "description": "Direct Award from Lot 1 of NEPO505: Payment Card Services. Service to manage the pre-paid card accounts for service users who are eligible for direct payments.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "85300000",
                "description": "Social work and related services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "South East",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 84878,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2025-06-01T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2025-06-12T00:00:00+01:00",
            "endDate": "2027-06-11T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/d9p84SEE",
            "name": "Milton Keynes Council",
            "identifier": {
                "legalName": "Milton Keynes Council",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/d9p84SEE"
            },
            "address": {
                "streetAddress": "Saxon Court",
                "locality": "MILTON KEYNES",
                "postalCode": "MK93EJ",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "procurement@milton-keynes.gov.uk",
                "telephone": "01908691691"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-06337638",
            "name": "PREPAID FINANCIAL SERVICES LIMITED",
            "identifier": {
                "legalName": "PREPAID FINANCIAL SERVICES LIMITED",
                "scheme": "GB-COH",
                "id": "06337638"
            },
            "address": {
                "streetAddress": "4th Floor 35 Great St. Helen's, London, England, EC3A 6AP"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/d9p84SEE",
        "name": "Milton Keynes Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-599f1e00-df7a-47af-9ee7-6a94adc40dc6-1",
            "status": "active",
            "date": "2025-06-11T00:00:00+01:00",
            "datePublished": "2025-06-18T12:36:07+01:00",
            "value": {
                "amount": 84878.13,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-06337638",
                    "name": "PREPAID FINANCIAL SERVICES LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2025-06-12T00:00:00+01:00",
                "endDate": "2027-06-11T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/f8e33aea-0e37-4c81-9906-f62c96bdd9d4",
                    "datePublished": "2025-06-18T12:36:07+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}