Award

DA from NEPO505 FW for Prepaid Cards

STOCKTON BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

11 Feb 2025 at 11:17

Award Notice
Summary of the contracting process

Stockton Borough Council has completed the procurement process for the provision of Prepaid Cards as part of the NEPO505 Framework Agreement. The procurement falls under the Financial and Insurance Services category and is valued at £240,000. The direct award contract was given to Prepaid Financial Services and covers the North East region of the United Kingdom. The contract began on 9th January 2025 and will conclude on 8th January 2027. The award notice was published on 11th February 2025.

This tender presents significant opportunities for businesses specialising in financial services, particularly those adept at delivering prepaid card solutions. Despite being a direct award, understanding the specifics of this contract can be beneficial for similar future opportunities. The tender's focus on financial services suggests that businesses with robust technological infrastructure and experience in prepaid financial products would be well-suited to compete in similar future tenders. Companies looking to grow in public sector contracts should note the procurement method and the value proposition this tender facilitates.

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Notice Information

Notice Title

DA from NEPO505 FW for Prepaid Cards

Notice Description

Prepaid Cards

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f88525fa-f825-4cec-94ad-aa186221dc31
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/84d22cd6-a33d-440f-bd5d-03bbac394248
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£240,000 £100K-£500K
Lots Value
Not specified
Awards Value
£240,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Feb 20251 years ago
Submission Deadline
8 Jan 2025Expired
Future Notice Date
Not specified
Award Date
8 Jan 20251 years ago
Contract Period
9 Jan 2025 - 8 Jan 2027 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
STOCKTON BOROUGH 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
STOCKTON-ON-TEES
Postcode
TS18 1LD
Post Town
Cleveland
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC31 Hartlepool and Stockton-on-Tees
Delivery Location
TLC North East (England)
Local Authority
Stockton-on-Tees
Electoral Ward
Newtown
Westminster Constituency
Stockton North

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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