Award

Pre-Paid Purchasing Cards

LINCOLNSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

28 Jan 2026 at 15:35

Summary of the contracting process

The procurement process for the "Pre-Paid Purchasing Cards" project has been concluded by Lincolnshire County Council, focusing on financial consultancy and transaction processing services. With a contract beginning on 2nd February 2026 and set to last for two years, there are potential extensions until January 2030. The tender was performed through selective procurement, specifically a call-off from a framework agreement. Initially, around 700 pre-paid payment cards are to be provided for court clients, with the provision to expand further within the Social Care sector. The contract is valued at approximately £540,000 per annum, with potential growth to £1,000,000 yearly if the service extends. The procurement is classified under CPV codes 66170000, 66171000, and 66172000, pertinent to locations within the East Midlands, UK.

This tender presents significant business opportunities, especially for organisations specialising in financial services, consultancy, and electronic transaction processing. The framework agreement allows increased collaboration with public sector institutions, providing a substantial growth route for firms fitting the service criteria. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are particularly suited to engage in this project, promising exposure and the potential for scale expansion. The procurement also underscores a structured engagement for large-scale suppliers such as ELM PrePaid Financial Services Limited, who have been awarded the contract, to enhance service delivery to diverse client groups within the public sector.

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Notice Title

Pre-Paid Purchasing Cards

Notice Description

The services which are being procured as part of this Procurement are approx. 700 pre-paid payment cards initially for court of protection department clients at Lincolnshire County Council. The Council reserves the ability to increase this number over the contract term to other clients within the Social Care arena if such a business case is accepted. The Call-Off Contract will run for a period of (2) two years commencing February 2026. There will be an option for the Council to extend the Call-Off Contract by a period of 2 x 12month extensions to 8th January 2030 Currently the Council estimates expenditure would be circa PS540,000 per annum - up to PS1,000,000 pa if the card cohort is extended further during the term of the contract.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-938e7f09-97d9-4fc8-9fd3-11c4c25d4f0a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/25fa97a6-c4f3-49f2-8008-352bc07033b0
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


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

66171000 - Financial consultancy services

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£56,004 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jan 20263 weeks ago
Submission Deadline
1 Jan 2026Expired
Future Notice Date
Not specified
Award Date
28 Jan 20263 weeks ago
Contract Period
2 Feb 2026 - 2 Feb 2028 2-3 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
LINCOLNSHIRE COUNTY COUNCIL
Contact Name
Deane Fehnert
Contact Email
deane.fehnert@lincolnshire.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LINCOLN
Postcode
LN1 1YL
Post Town
Lincoln
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
Delivery Location
TLF East Midlands (England)

Local Authority
Lincoln
Electoral Ward
Carholme
Westminster Constituency
Lincoln

Supplier Information

Number of Suppliers
1
Supplier Name

ELM 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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