Payments, Appointeeships and Disbursement Services

Tender description

NEPO in collaboration with ESPO and YPO has established a new solution in relation to the supply of Prepaid, Corporate and Appointeeship payments. It is envisaged that the solution will comprise four lots: Lot 1 - Prepaid Payments, providing prepaid card accounts that operate like standard debit cards but without an overdraft facility, enabling secure, controlled fund disbursement; Lot 2 - Corporate Payments, offering commercial procurement cards (P-Cards) to streamline purchasing, enhance spend visibility and deliver process efficiencies; Lot 3 - Appointeeship & Deputyship Accounts, designed to manage direct payments, appointee and deputyship programmes, with strong safeguarding, spend controls, and real-time monitoring; Lot 4 - Fund Disbursements, enabling authorities to make high-volume, secure, and instant digital payments for purposes such as grants, payroll, hardship funds, and emergency support. The Framework incorporates ESG and Social Value commitments and provides robust governance, compliance and contract management arrangements. It offers a multi-supplier solution that enables Contracting Authorities to employ flexible call-off and award procedures, supported by suitably experienced suppliers. The Framework lotting structure has been established as follows: - Lot 1 - Prepaid Payments - Lot 2 - Corporate Payments - Lot 3 - Appointee & Deputyship Accounts - Lot 4 - Fund Disbursements - Sub-lot 4a - Virtual Wallets - Sub-lot 4b - Fund Disbursements - Sub-lot 4c - Emergency Assistance / One-off Fund Disbursements The successful suppliers have been appointed following completion of a two-stage Competitive Flexible Procedure in accordance with PA23 Regulations.