Award

Household Support Fund Utility Vouchers

ISLE OF WIGHT COUNCIL

This public procurement record has 1 release in its history.

Award

07 Feb 2025 at 16:59

Award Notice
Summary of the contracting process

The Isle of Wight Council has recently completed the procurement process for the "Household Support Fund Utility Vouchers," targeted at providing closed-loop utility vouchers under the household support fund initiative. This procurement falls under the Financial and Insurance Services category, with specific delivery within the South East region of the United Kingdom. The direct award procurement method was utilized, with the tender period closing on 3rd January 2025 and the contract commencing on 7th January 2025, scheduled to end on 30th June 2025. A contract worth GBP 120,000 has been awarded to Wonde Limited, with the formal award made on 6th January 2025 and details published on 7th February 2025.

This tender presents significant opportunities for small and medium-sized enterprises (SMEs) as it highlights the Isle of Wight Council’s inclination towards supporting them. Businesses specialising in financial support services, particularly those with the capacity to manage and distribute utility vouchers, would find this tender ideal for growth. Although the current contract has been awarded to Wonde Limited, similar future opportunities could arise, making it beneficial for businesses in the financial services sector to monitor and prepare for similar tenders to expand their service offerings and geographic reach.

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Notice Information

Notice Title

Household Support Fund Utility Vouchers

Notice Description

Provision of closed loop utility vouchers in relation to household support fund.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-843f183e-8ed2-469b-afc8-2331a73f8e07
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1506e4e5-ea68-4367-a86b-bf5b61829d54
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
SME
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
£120,000 £100K-£500K
Lots Value
Not specified
Awards Value
£120,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Feb 20251 years ago
Submission Deadline
3 Jan 2025Expired
Future Notice Date
Not specified
Award Date
6 Jan 20251 years ago
Contract Period
7 Jan 2025 - 30 Jun 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
ISLE OF WIGHT 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
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
TLJ South East (England)
Local Authority
Isle of Wight
Electoral Ward
Newport Central
Westminster Constituency
Isle of Wight West

Supplier Information

Number of Suppliers
1
Supplier Name

WONDE

Further Information

Notice Documents

Notice URLs

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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