---
title: "Virtual Wallet PHB Direct Payments"
ocid: "ocds-b5fd17-daafdf02-4f34-422f-bfc8-21f8b5a319fd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-daafdf02-4f34-422f-bfc8-21f8b5a319fd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-daafdf02-4f34-422f-bfc8-21f8b5a319fd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-daafdf02-4f34-422f-bfc8-21f8b5a319fd.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NHS HAMPSHIRE AND THE ISLE OF WIGHT INTEGRATED CARE BOARD"
published: "2026-09-03"
---

# Virtual Wallet PHB Direct Payments

Buyer: NHS HAMPSHIRE AND THE ISLE OF WIGHT INTEGRATED CARE BOARD  
Current stage: Award  
OCID: ocds-b5fd17-daafdf02-4f34-422f-bfc8-21f8b5a319fd

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## Summary

Hampshire and Isle of Wight Integrated Care Board procured a software service for direct payments linked to Personal Health Budgets across continuing care for adults, children and young people, including people eligible under section 117 of the Mental Health Act. The service is Imosphere Formulate, a digital tool that calculates an indicative budget from an individual’s care and support needs. It is intended to support transparent discussions between clinicians and clients about available budgets and the purchase of services, while providing a consistent process and reliable information for financial management, training and process improvement. The work is categorised as an industry-specific software service and is delivered in Eastleigh. The procurement is suitable for small and medium-sized enterprises.

This procurement is complete and was awarded to Imosphere Ltd on 13 August 2026. The award value is £113,828.35 excluding any stated tax treatment. The contract runs from 1 October 2026 to 30 September 2030. The submission deadline was 1 August 2026 at 12:00. Hampshire and Isle of Wight Integrated Care Board used a selective procedure, specifically a call-off from a framework agreement. One active award is recorded, to Imosphere Ltd, for the full stated value. The opportunity was treated as suitable for SMEs. The requirement was procured as a services contract covering the software-based calculation and support of indicative Personal Health Budget allocations for continuing care across all age groups.

For suppliers assessing future demand from Hampshire and Isle of Wight Integrated Care Board, this award demonstrates a requirement for specialist digital tools supporting Personal Health Budgets and direct payments across adult, children’s and young people’s continuing care. A credible competitor would need software that calculates indicative care budgets consistently from individual support needs and enables clinicians to hold transparent, strength-based discussions with clients. It would also need to produce dependable information for financial control, process consistency and identifying training or service improvements. Experience of workflows involving section 117 mental health eligibility and varied continuing-care users would be relevant. The procurement route shows that framework access and the ability to deliver as an SME can matter for this buyer.

## Notice

HIOW ICB have procured Imosphere Formulate to support the direct payment of Personal Health Budgets across all age continuing care including adults, children and young people and those eligible under section 117 of the mental health act. Imosphere Formulate is a digital tool that calculates an indicative budget based on the individual's care and support needs. This allows clinicians to have a transparent conversation with the client from the beginning about the budget they have to work within when considering how they will purchase services. This supports a strength-based conversation and approach. The system is consistent and accurate which helps with financial management and consistency of process and provides quality information which helps to identify additional training or process changes where necessary.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a7ddf822-8bbf-4ead-b488-cdb222cb35df |
| 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 | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Sep 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 13 Aug 2026 |
| Contract period | 1 Oct 2026 - 30 Sep 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £113,828 |
| Lots value | Not specified |
| Awards value | £113,828 |
| 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 | NHS HAMPSHIRE AND THE ISLE OF WIGHT INTEGRATED CARE BOARD |
| Locality | EASTLEIGH |
| Postcode area | Southampton |
| Postcode | SO50 9SJ |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ35 South Hampshire |
| Local authority | Eastleigh |
| Electoral ward | Eastleigh Central |
| Westminster constituency | Eastleigh |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | Imosphere Ltd |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48100000 - Industry specific software package

## Release History

- 3 Sep 2026 at 09:23 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/a7ddf822-8bbf-4ead-b488-cdb222cb35df

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a7ddf822-8bbf-4ead-b488-cdb222cb35df
  3rd September 2026 - Awarded contract notice on Contracts Finder

## 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-daafdf02-4f34-422f-bfc8-21f8b5a319fd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-daafdf02-4f34-422f-bfc8-21f8b5a319fd.json.