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| Source: | Contracts Finder |
| Notice Type: | Award notice |
| Buyer: | Islington Council |
| Main Category: | Services |
| Procurement Method: | Call-off from a framework agreement |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): | £450,000 |
Awarded to
| Award value: | £450,000 |
| Award decision date: | 30 May 2025 |
| Award status: | Active |
This contract provides long-term prepaid card services to support Islington Council's operations across Adult Social Care, Children's Services, NRPF, Client Finance, and Education. The service enables secure electronic fund transfers, real-time expenditure monitoring, and reduced manual payment processes, supporting a cashless model and safeguarding vulnerable clients. The contract was awarded via direct call-off from the NEPO505 Payment Solutions framework to Prepaid Financial Services (PFS), the incumbent provider. PFS was selected for their ability to meet all technical and operational requirements, including robust reporting and continuity of service. The contract commenced on 1 June 2025 and runs until 31 May 2029.
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Pipeline status
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Application Deadline
31 May 2025
Closed
Estimated Value
£450,000
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Book a free consultation →| Release Date: | 7 October 2025 |
| Application Deadline: | 31 May 2025 |
| Contract Start Date: | 31 May 2025 |
| Contract End Date: | 31 May 2029 |
| Contract Duration: | 4.1 years |
| Procurement ID (OCID): | ocds-b5fd17-1b4b9291-2dfe-4642-9aad-89132cf9ab5f |
| Notice Reference: | 08df92dd-b087-40c6-9325-37e6bdf01cab-867164 |
View Original Notice
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