Award

The Provision of Payment Card Services

LANCASHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

23 Sep 2025 at 07:19

Summary of the contracting process

The procurement process for "The Provision of Payment Card Services" was conducted by Lancashire County Council, located in Preston, England. This contract, classified under the industry category of "Credit cards", falls within the goods procurement category and involves services in the North West region of the United Kingdom. The procurement stage is at the award phase, with the tender having been completed and the award announced on 23rd September 2025. The procurement method utilised was a direct award from a third-party framework. The contract, valued at £600,000, will run from 1st November 2025 to 31st October 2029.

This tender offers significant business growth opportunities for large-scale companies capable of delivering payment card services. As a contract with a substantial monetary value and a four-year duration, it presents long-term revenue streams. However, it is not considered suitable for SMEs or voluntary, community, and social enterprises. The tender process's direct award method signifies a specific alignment between the buyer and supplier, PrePaid Financial Services (PFS) Ltd, indicating opportunities for businesses positioned within similar frameworks to consider engaging in similar procurement methods in future tenders.

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Notice Title

The Provision of Payment Card Services

Notice Description

The Provision of Payment Card Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d43891e9-b27e-4578-a9b7-1d3423e2c144
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8d786ef3-de61-4876-bb79-6bc223bc8c7f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award from 3rd Party Framework
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

30161000 - Credit cards

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
Not specified
Awards Value
£600,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
23 Sep 20255 months ago
Submission Deadline
11 Sep 2025Expired
Future Notice Date
Not specified
Award Date
11 Sep 20255 months ago
Contract Period
1 Nov 2025 - 31 Oct 2029 4-5 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
LANCASHIRE 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
PRESTON
Postcode
PR1 8XJ
Post Town
Preston
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD45 Mid Lancashire
Delivery Location
TLD North West (England)

Local Authority
Preston
Electoral Ward
City Centre
Westminster Constituency
Preston

Supplier Information

Number of Suppliers
1
Supplier Name

PREPAID FINANCIAL SERVICES (PFS

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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