Payment Card Services (Prepaid Cards)

Concepts

• payment card services
• use of the prepaid card
• newport
• software package
• nepo
• receipt of a direct payment
• prepaid card
• card accounts
• cards
• payments

Location

Description

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.

Award Detail

CPV Codes

• 48000000 - Software package and information systems
• 30100000 - Office machinery, equipment and supplies except computers, printers and furniture
• 66100000 - Banking and investment services

Indicators

• Contract is suitable for SMEs.

Other 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.