Award

Pre-Paid Cards

LONDON BOROUGH OF SUTTON

This public procurement record has 1 release in its history.

Award

05 Nov 2024 at 15:01

Award Notice
Summary of the contracting process

The London Borough of Sutton has completed a procurement process for the provision of Pre-Paid Cards under the Financial and Insurance Services category. The procurement method was a direct award, with a total contract value of £75,000. The contract commenced on 1st April 2024 and will conclude on 31st March 2027 in England, United Kingdom. Key deadlines included the tender period ending on 22nd March 2024. The awarded supplier for this contract is Prepaid Financial Services.

This tender presents significant opportunities for businesses specialising in financial and insurance services, particularly those offering payment card solutions. Small and medium-sized enterprises (SMEs) are well-suited to compete for similar future tenders, given the contract's suitability criteria that favour SMEs. Businesses looking to expand their market presence in the financial services sector can leverage such contracts to showcase their capabilities while establishing long-term relationships with local government entities.

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Notice Information

Notice Title

Pre-Paid Cards

Notice Description

A contract for the provision of Payment Card Services (PrePaid Cards).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ffe00da8-24f0-4fa4-a3b3-554a49e0a5fa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2f15c9e8-3da2-4560-8e05-201bfadd17d1
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

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
£75,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Nov 20241 years ago
Submission Deadline
22 Mar 2024Expired
Future Notice Date
Not specified
Award Date
31 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2027 2-3 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
LONDON BOROUGH OF SUTTON
Contact Name
Commercial & Procurement
Contact Email
commercial.procurement@sutton.gov.uk
Contact Phone
+44 2087705911

Buyer Location

Locality
SUTTON
Postcode
SM1 1EA
Post Town
Sutton
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
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
Sutton
Electoral Ward
Sutton Central
Westminster Constituency
Sutton and Cheam

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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