---
title: "Virtual Wallet - Personal Budget System"
ocid: "ocds-b5fd17-609a4bd2-ebb1-4262-9bea-e6fb39f7ccbb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-609a4bd2-ebb1-4262-9bea-e6fb39f7ccbb"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-609a4bd2-ebb1-4262-9bea-e6fb39f7ccbb.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-609a4bd2-ebb1-4262-9bea-e6fb39f7ccbb.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CORNWALL COUNCIL"
published: "2026-03-12"
---

# Virtual Wallet - Personal Budget System

Buyer: CORNWALL COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-609a4bd2-ebb1-4262-9bea-e6fb39f7ccbb

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## Summary

The procurement process titled "Virtual Wallet - Personal Budget System" involves Cornwall Council as the buying organisation, located in Truro, England. This tender, categorized under Software package and information systems, focuses on providing a digital platform for managing personal budgets. The award stage has been reached, with an active status published on 12th March 2026. Key dates include the tender period ending on 2nd March 2026 and the contract lasting from 12th March 2026 to 11th March 2030. The procurement method followed an open procedure, potentially offering significant business opportunities.

This tender presents opportunities for growth, especially for small and medium enterprises (SMEs) adept in software development, owing to its suitability for SMEs. Companies specializing in digital platforms and financial management systems stand to benefit from competing for similar contracts, with People, Places, Lives Limited already awarded as the supplier. The focus on establishing an online system for personal budget management implies lucrative prospects for innovative companies in the tech industry looking to expand their offerings in digital services for public sector clients.

## Notice

Virtual Wallet - a stand-alone digital platform to host all required personal budget service models i.e. direct payments, in-house managed accounts The platform will facilitate the payment mechanisms for personal budgets, providing an online platform akin to an online bank account with a curated e-marketplace through which care and support services can be accessed and where budgets can be managed and monitored.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/8d0ccacb-e06d-441a-a80b-86da26d3fdde |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Not specified |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Mar 2026 |
| Submission deadline | 2 Mar 2026 |
| Future notice date | Not specified |
| Award date | 2 Mar 2026 |
| Contract period | 12 Mar 2026 - 11 Mar 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £408,500 |
| Lots value | Not specified |
| Awards value | £408,500 |
| 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 | CORNWALL COUNCIL |
| Locality | TRURO |
| Post town | Truro |
| Postcode | TR1 3AY |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK3 Cornwall and Isles of Scilly |
| ITL 3 | TLK30 Cornwall and Isles of Scilly |
| Local authority | Cornwall |
| Electoral ward | Truro Boscawen & Redannick |
| Westminster constituency | Truro and Falmouth |
| 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) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PEOPLE, PLACES, LIVES |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48000000 - Software package and information systems

## Release History

- 12 Mar 2026 at 14:55 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/8d0ccacb-e06d-441a-a80b-86da26d3fdde

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/8d0ccacb-e06d-441a-a80b-86da26d3fdde
  12th March 2026 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.cornwall.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-b5fd17-609a4bd2-ebb1-4262-9bea-e6fb39f7ccbb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-609a4bd2-ebb1-4262-9bea-e6fb39f7ccbb.json.