Awarded contract

Published

Financial and insurance services

2 Suppliers have already viewed this notice

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Buyer

NEPO

Value

24,000,000 GBP

Current supplier

Prepaid Financial Services Limited (PFS)

Description

The Association of North East Councils (ANEC) trading as North East Procurement Organisation (NEPO), Framework Contract award for the provision of Prepaid Card Accounts allowing Contracting Authorities an alternative method to manage their cash disbursements and budget monitoring. Prepaid Card Accounts will operate similar to a standard UK Bank Account, including the option to withdraw cash from an ATM, make regular payments, pay vendors and receive regular statements. Prepaid Card Accounts do not have an accessible overdraft facility. Prepaid Cards operate much in the same way as standard Debit Card whereby funds will be preloaded by Contracting Authorities and used by the Cardholder until the balance is exhausted. Prepaid Card Accounts are primarily utilised for Social/Health Care related Direct Payments and Appointee programmes. This is not exhaustive however and Contracting Authorities may require the Prepaid Card Accounts for additional related services such as Corporate Expenses. Provision of Prepaid Card Accounts to be made available for use by all Contracting Authorities throughout all administrative regions of the UK (as defined by the Public Contracts Regulations 2015 including but not limited to Government Departments and their Agencies, Non-Departmental Public Bodies, Central Government, NHS Bodies, Local Authorities, Emergency Services, Coastguard Emergency Services, Educational Establishments, Registered Social Landlords and Registered Charities who have a need to purchase the above services. Contractors are listed in ranked order and Call-Off can be made via direct Call-Off or further mini-competition. The basis for award of specific streams of work(s) is via direct award to the first ranked Contractor where the the full requirements of the Contracting Authority are met. Where it is not possible to determine the award via the direct award route above, then the Contracting Authorities shall undertake a mini competition involving all awarded Contractors.

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