Award

CP2594-24 Prepaid Cards

DEVON COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

06 Mar 2025 at 10:08

Award Notice
Summary of the contracting process

Devon County Council has completed a direct award procurement process for a pre-paid card contract entitled "CP2594-24 Prepaid Cards." This contract falls under the financial and insurance services category and is valued at £150,000. The procurement stage is at the award stage, with the award being published on 6th March 2025. The contract is set to commence on 1st March 2025 and will run until 31st August 2026. The services will be provided within the United Kingdom, specifically in England, and are intended to facilitate Direct Payments into individual client accounts and provide an online portal for both clients and DCC staff.

This tender presents significant business growth opportunities, particularly for companies specialising in financial and insurance services. Larger enterprises like Prepaid Financial Services Ltd, the contract's supplier, are well-suited to compete for such opportunities given the scale and requirements of the contract. By offering advanced financial management solutions, businesses can establish a foothold in public sector contracts, enhancing their market presence and opening avenues for future public procurement engagements.

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Notice Information

Notice Title

CP2594-24 Prepaid Cards

Notice Description

Devon County Council (DCC) requires a pre-paid card contract to enable Direct Payments to be paid into individual client accounts set up by the contractor. As well as the provision of client accounts, this contract also enables client access to an online portal to view their accounts and make online payments. A separate portal is provided for relevant DCC staff to view client accounts to amend details such as the amount of a Direct Payment, or a change of personal details and to view management information.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-655a6e70-15e8-49c7-a7da-616a8870beeb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b3892cc7-dd2d-4928-9b34-d9ed0dc545b3
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
£150,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Mar 202511 months ago
Submission Deadline
28 Feb 2025Expired
Future Notice Date
Not specified
Award Date
28 Feb 202512 months ago
Contract Period
1 Mar 2025 - 31 Aug 2026 1-2 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
DEVON COUNTY 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
EXETER
Postcode
EX2 4QD
Post Town
Exeter
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK43 Devon CC
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
Exeter
Electoral Ward
Newtown and St Leonard's
Westminster Constituency
Exeter

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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