Source: https://tendernation.io/opportunities/01a13cc2-6bed-71ad-9b9a-debda6957d32/payment-card-services-prepaid-cards

awarded GB direct award procedure Suitable for SMEs

# Payment Card Services (Prepaid Cards)

[Isle of Wight Council](https://tendernation.io/buyers/isle-of-wight-council)

Estimated value

£121,148

Published

7 Mar 2023

Deadline

Closed

28 Feb 2023

## Who can bid

- Buyer says suitable for SMEs

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

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

## About this tender

Prepaid card accounts used to hold funds for individuals in receipt of a Direct Payment. The contract is to facilitate the use of the Prepaid card and to allow individuals in receipt of a Direct Payment to use the Prepaid card to pay for care and support required as part of their Direct Payment. This was procured via the NEPO 505 Payment Card Services, Lot 1 Prepaid Payments and was a Direct Award conducted as per the stated criteria of the Framework.

Additional information:

Please note that the value is estimated as will fluctuate during the contract; the value may also change according to any RPI-X increases, as referred to within the framework agreement. The value stated in the notice is the expected year one cost x 4 years with 3 years being the initial term and the 4th year extension not confirmed. The contract dates show the whole potential life of the contract (3+1 years) but the initial term is 01 March 2023 - 28 February 2026, with the potential extension being until 28 February 2027.

## CPV classification

Software package and information systems

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/963db952-8b84-4d35-8ec6-5961e6a18cc9)

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[Buyer profile Isle of Wight Council: past awards and live tenders](https://tendernation.io/buyers/isle-of-wight-council) [Sector More Software packages & information systems tenders](https://tendernation.io/sectors/software-information-systems)

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