Awarded contract
Published
Provision of DfT Procurement Card Services
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Value
60,000 GBP
Current supplier
National Westminster Bank (NatWest)
Description
Department for Transport provision of Procurement Card Services - procured via a further competition utilising CCS' Payment Solutions 2 Framework (RM6248), Lot 1 Procurement Cards. For transparency purposes, the nature of this service if for the Department and it's agencies to access lodged, virtual and (limited) physical card solutions to buy common goods and services. Spend is non-committal and purely subject to business need. This arrangement works on an annual rebate structure based on spend and is paid retrospectively. The approximately £60k figure is allocated for potential fee charges for the duration of this contract.
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