Award

Pre-Paid Purchasing Cards

LINCOLNSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

28 Jan 2026 at 15:22

Summary of the contracting process

Lincolnshire County Council is the buying organisation responsible for the "Pre-Paid Purchasing Cards" contract. This procurement process falls under the services industry category, specifically financial transaction processing and clearing-house services, and is located in Lincoln, United Kingdom. The process has reached the "Award" stage with the contract valued at approximately £56,003. The official contract period is set to start on 9th February 2026 and will last for two years, with an option for two additional one-year extensions, potentially reaching 8th January 2030. The procurement method was below threshold, yet unspecified, and reflects the council's intent to initially procure around 700 pre-paid cards, with room for expansion, primarily for clients under the court of protection department.

This tender offers a significant opportunity for businesses specialising in financial services to engage with local government contracts. Companies like ELM Pre-paid Financial Services Ltd., who has successfully been awarded, indicate that large-scale operations with the capability of providing financial transaction processing and tailored card solutions would thrive in such competitive environments. This contract could provide a steady revenue stream for businesses that specialise in scalable financial solutions, thus contributing to their growth by potentially facilitating long-term governmental partnerships and the expansion of pre-paid card services into the wider 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-h6vhtk-06111a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/007686-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£56,003 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jan 20263 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Jan 20263 weeks ago
Contract Period
9 Feb 2026 - 9 Feb 2028 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
LINCOLNSHIRE COUNTY COUNCIL
Contact Name
Mr Deane Fehnert
Contact Email
deane.fehnert@lincolnshire.gov.uk
Contact Phone
+447770501248

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
Not specified

Local Authority
Lincoln
Electoral Ward
Carholme
Westminster Constituency
Lincoln

Supplier Information

Number of Suppliers
1
Supplier Name

ELM PRE-PAID FINANCIAL SERVICES

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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