Awarded contract

Payment Card Services (Prepaid Cards)

Details

Supplier(s)
EML Payments
Value
£121,148
Duration
4 years
Published
7 March 2023

Tender description

Payment Card Services: Prepaid card accounts used to hold funds for individuals in receipt of a Direct Payment. Initial term 3 years (01/03/23 - 28/02/26) 12 month potential extension (01/03/26 - 28/02/27) Estimated value is based on full potential duration of 3+1 years at an expected cost of around £30,287 PA excl VAT. (Not accounting for any RPIx increases/fluctuation in usage).

Timeline

  1. Completed: Award date1 March 2023
  2. Completed: Award published7 March 2023
    Current notice
  3. Next: Contract expiry date28 February 2027in 4 months

About the buyer

Isle of Wight Council governs the island as a local authority. Public Contract Regulations 2015 govern the council's tender processes. Every business gets a fair and equal chance to compete for its contracts.

Over the past 5 years, most of Isle of Wight Council's contract awards have been in software and information systems, IT services and construction work.

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