RFP QuestBeta
Awarded · ResultStage · contract

Islington Council

Prepaid Card Services

Financial ServicesCPV 66172000
Value£450k
Awarded31 May 2025
Published7 Oct 2025
RegionLondon
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£450ktotal contract value
median £150k
this tender£0£4.7m

This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

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.

Key requirements

What the supplier must deliver

01

This contract provides long-term prepaid card services

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.

Derived from the notice text — always confirm against the original documents.

Buyer intelligence

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Source & provenance
OCID
08df92dd-b087-40c6-9325-37e6bdf01cab
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
2425-0256
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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