---
title: "Prepaid Card Account Service"
ocid: "ocds-b5fd17-390dab75-71b6-4742-b17a-3beaba38a866"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-390dab75-71b6-4742-b17a-3beaba38a866"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-390dab75-71b6-4742-b17a-3beaba38a866.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-390dab75-71b6-4742-b17a-3beaba38a866.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LONDON BOROUGH OF NEWHAM"
published: "2023-12-05"
---

# Prepaid Card Account Service

Buyer: LONDON BOROUGH OF NEWHAM  
Current stage: Award  
OCID: ocds-b5fd17-390dab75-71b6-4742-b17a-3beaba38a866

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-390dab75-71b6-4742-b17a-3beaba38a866)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-390dab75-71b6-4742-b17a-3beaba38a866.json)

## Summary

The London Borough of Newham has recently awarded a contract for the provision and maintenance of Prepaid Card Accounts to Prepaid Financial Services Limited. The contract falls under the financial and insurance services category with a total value of £881,600. The procurement method used was "selective" by calling off from a framework agreement. The contract period starts from November 1, 2023, and ends on October 31, 2027. The tender closed on August 18, 2023, and the contract award was finalised on November 16, 2023. The buying organisation involved is the London Borough of Newham, located in London, United Kingdom.

This awarded tender presents an opportunity for businesses operating in financial and insurance services, particularly those well-suited for providing Prepaid Card Account services. The London Borough of Newham has indicated a preference for SMEs as the contract is suitable for small and medium-sized enterprises. Businesses interested in offering competitive services in this sector should consider partnering with the London Borough of Newham to enhance their growth prospects and establish a strong presence in the financial services industry.

## Notice

Provision and maintenance of Prepaid Card Accounts.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6ef2af8d-efce-4f9f-a7de-8758527a4f84 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Dec 2023 |
| Submission deadline | 18 Aug 2023 |
| Future notice date | Not specified |
| Award date | 16 Nov 2023 |
| Contract period | 1 Nov 2023 - 31 Oct 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £881,600 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LONDON BOROUGH OF NEWHAM |
| Locality | LONDON |
| Post town | East London |
| Postcode | E16 2QU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Newham |
| Electoral ward | Royal Albert |
| Westminster constituency | West Ham and Beckton |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PREPAID FINANCIAL SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 5 Dec 2023 at 17:06 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/6ef2af8d-efce-4f9f-a7de-8758527a4f84

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6ef2af8d-efce-4f9f-a7de-8758527a4f84
  5th December 2023 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.newham.gov.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-390dab75-71b6-4742-b17a-3beaba38a866. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-390dab75-71b6-4742-b17a-3beaba38a866.json.