Award

BT1364 - Pre-Payment Cards

LUTON COUNCIL

This public procurement record has 1 release in its history.

Award

18 May 2026 at 09:32

Summary of the contracting process

Luton Council has completed a procurement process titled "BT1364 - Pre-Payment Cards", aimed at providing bank accounts for individuals to receive direct payments. This procurement, classified under the industry categories of "Credit cards" and "Banking services," was conducted using a direct award method. The contract, valued at £80,000, covers the service delivery in England, United Kingdom, and spans from 14th May 2026 to 24th April 2030. The tender period ended on 13th April 2026, and the award was officially made on 13th May 2026.

This procurement presents lucrative opportunities for small and medium-sized enterprises (SMEs) specialising in financial services and banking solutions. The focus on providing pre-payment card services can attract businesses that offer innovative financial products to local councils. Companies with experience in banking services will find this contract well-aligned with their competencies, allowing them to expand their engagement in public sector projects and enhance growth in the financial services industry.

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Notice Title

BT1364 - Pre-Payment Cards

Notice Description

Bank accounts opened by Luton Council for individuals opting to use them in order to receive their direct payments.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d289af49-17ff-417d-8674-c117dd5df2b1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0c165187-742b-437f-a517-7564d435067f
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

30 - Office and computing machinery, equipment and supplies except furniture and software packages

66 - Financial and insurance services


CPV Codes

30161000 - Credit cards

66110000 - Banking services

Notice Value(s)

Tender Value
£80,000 Under £100K
Lots Value
Not specified
Awards Value
£80,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 May 20262 weeks ago
Submission Deadline
13 Apr 2026Expired
Future Notice Date
Not specified
Award Date
12 May 20263 weeks ago
Contract Period
13 May 2026 - 24 Apr 2030 3-4 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
LUTON 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
LUTON
Postcode
LU1 2BQ
Post Town
Luton
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH21 Luton
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
Luton
Electoral Ward
Central
Westminster Constituency
Luton South and South Bedfordshire

Supplier Information

Number of Suppliers
1
Supplier Name

PREPAID FINANCIAL SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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