Source: https://tendernation.io/opportunities/01a13c90-7f2f-7192-a48f-e7fa05d8c312/prepaid-cards-service

awarded GB restricted procedure Suitable for SMEs

# Prepaid Cards Service

[London Borough of Merton](https://tendernation.io/buyers/london-borough-of-merton)

Estimated value

£53,536

Published

1 Mar 2022

Deadline

Closed

3 Feb 2022

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Buyer says suitable for VCSEs

    The buyer ticked “suitable for voluntary, community and social enterprises” on the notice.
- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

To enable the buyer (the Council) to have a secure mechanism to electronically transfer funds to eligible customers with social care needs under direct payment scheme, which they are then able to use to purchase the care they require from a supplier of their own choice, and under arrangements, which they themselves control as best suits their own circumstances, needs and preferences.

To provide good financial governance for the buyer (the Council) including monitoring spend to ensure that funds are being spent according to an individual customer's assessed needs and provide an audit trail of payments and expenditure that the prepaid card solution offers. Therefore, the buyer requires a solution that is capable of issuing physical prepaid cards, virtual cards, direct debits, trigger alerts, limit spend and allow instant access to a wide range of periodical financial management reports as may be deemed necessary.

## CPV classification

Charge cards

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/4ad7d2e4-47f0-49d0-bc9d-aa27e9922717)

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