Prepaid Cards Service

A Contract Award Notice
by LONDON BOROUGH OF MERTON

Source
Contracts Finder
Type
Framework (Services)
Duration
3 year
Value
£54K
Sector
BUSINESS
Published
01 Mar 2022
Delivery
03 Mar 2022 to 03 Mar 2025
Deadline
03 Feb 2022 14:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

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.

Award Detail

1 Allpay (Hereford)
  • Value: £53,536

CPV Codes

  • 30163000 - Charge cards

Indicators

  • Contract is suitable for SMEs.
  • Contract is suitable for VCOs.

Reference

Domains