Award

Payment Card Solution

INDEPENDENT PARLIAMENTARY STANDARDS AUTHORITY

This public procurement record has 1 release in its history.

Award

13 Apr 2026 at 15:20

Summary of the contracting process

The procurement process for the provision of a "Payment Card Solution" was managed by the Independent Parliamentary Standards Authority (IPSA), a public body based in London, UK. This contract falls under the industry category of general public services and is classified as a services procurement. The process reached its award stage on 13th April 2026, with the contract signed on 10th April 2026. The procurement followed a limited method, conducted as a mini competition under the CCS Framework RM6248, indicating the procedure was executed without prior publication of a call for competition.

This tender offers a substantial business growth opportunity with a contract value of £35,000,000, making it particularly attractive to large financial institutions capable of providing comprehensive payment card solutions. As the award was made to Lloyds Banks, businesses similar in scale and capability would be well-suited to compete in similar procurements. The requirement for a UK presence, particularly in London, suggests that organisations with established operations in the region may have a competitive advantage in future opportunities.

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How relevant is this notice?

Notice Title

Payment Card Solution

Notice Description

Provision of Payment Card Services

Procurement Information

A mini comp has been run via CCS Framework RM6248

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-068145
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/033414-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services


CPV Codes

75110000 - General public services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£35,000,000 £10M-£100M

Notice Dates

Publication Date
13 Apr 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
9 Apr 20262 weeks ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
INDEPENDENT PARLIAMENTARY STANDARDS AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
WC2N 6LE
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANKS

Further Information

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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