---
title: "DA from NEPO505 Payment Card Services FW for Prepaid Cards"
ocid: "ocds-h6vhtk-04de6c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04de6c"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04de6c.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04de6c.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "STOCKTON-ON-TEES BOROUGH COUNCIL"
published: "2025-02-13"
---

# DA from NEPO505 Payment Card Services FW for Prepaid Cards

Buyer: STOCKTON-ON-TEES BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-04de6c

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## Summary

Stockton-on-Tees Borough Council has completed the procurement process for the provision of prepaid card services under the NEPO505 framework. The contract, titled "DA from NEPO505 Payment Card Services FW for Prepaid Cards," falls under the financial and insurance services category. The procurement utilized a limited method, specifically an award procedure without prior publication of a call for competition, due to falling outside the scope of the directive. This contract is for an initial term of two years, with an option for a 12-month extension, and was awarded on 9 January 2025. The supplier selected is Prepaid Financial Services Limited, based in London, UK, with contractual work expected to cater to the UKC11 region where Stockton-on-Tees is located.

This tender represents a significant growth opportunity for businesses involved in financial and insurance services, particularly those specialising in prepaid card services. Firms with experience in framework agreements and compliant direct awards will find this type of procurement process beneficial. The specific nature of the services and the direct award method indicate a preference for highly specialized providers capable of meeting precise requirements. This contract's projected value of £240,000 offers a solid business case for companies looking to expand in the regional financial services market, providing a stable revenue stream over the initial contract term and potentially beyond should the extension be utilised.

## Notice

DA from NEPO505 Payment Card Services FW for Prepaid Cards. A compliant direct award was made under the NEPO505 framework for the provision of Prepaid cards for Stockton-on-Tees Borough Council.

### Lot Information

Lot 1

This notice is to notify the market of the award of the Prepaid Cards service via a DA from NEPO505 FW for Payment Card Services. A compliant direct award was made under the NEPO531 framework for the provision of General Banking Services for Stockton-on-Tees Borough Council.

Options: This contract is a 2 year initial term, plus 1 x 12 month extension.

### Procurement Information

The award of this contract was a compliant direct award via the NEPO505 Payment Card Services FW to the most appropriate provider capable of delivering the required services to Stockton-on-Tees Borough Council.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/004848-2025 |
| 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 |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Feb 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 9 Jan 2025 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £240,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | STOCKTON-ON-TEES BOROUGH COUNCIL |
| Locality | STOCKTON-ON-TEES |
| Post town | Cleveland |
| Postcode | TS17 6BJ |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC3 Tees Valley |
| ITL 3 | TLC31 Hartlepool and Stockton-on-Tees |
| Local authority | Stockton-on-Tees |
| Electoral ward | Mandale & Victoria |
| Westminster constituency | Middlesbrough and Thornaby East |
| Delivery location | TLC11 Hartlepool and Stockton-on-Tees |

## 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

- 13 Feb 2025 at 09:01 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/004848-2025

## Notice URLs

- https://www.stockton.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-h6vhtk-04de6c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04de6c.json.