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Contract Award Notice

Post Office Prepaid Card Solution to Support Budgeting and Bill Payments

  • First published: 07 November 2019
  • Last modified: 07 November 2019
  • Version: N/A
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The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
Post Office Ltd
Authority ID:
AA73424
Publication date:
07 November 2019
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The procurement process is being run following the competitive procedure with negotiation (CPN).

Post Office have a clear view of the product proposition, both for initial launch but also for development, and expect the supplier to work with us in developing features from the product roadmap. Post Office intends to expand the use of a pre-paid card during the lifetime of this service which could include but not be limited to coverage for any other demographic with a requirement for its application, potentially resulting in significant growth of the services provided under the contract.

The supplier must be financially regulated and hold a current e-money license, with the capability of providing prepaid cards. The prepaid card should be capable of standard banking functionality and transactions including cash access over Post Office counters

Additionally, the service must as a minimum include the development, production, implementation and operational aspects related to: account opening maintenance and operation of accounts (including dormant accounts), associated card fulfilment, card acquiring, issuing and management, provision of contact centre for customer servicing, and the provision of management information.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

Post Office Ltd

Finsbury Dials, 20 Finsbury St

London

EC2Y 9AQ

UK

Contact person: Albert Houslin

Telephone: +44 7921553437

E-mail: banking.enquiries@postoffice.co.uk

NUTS: UK

Internet address(es)

Main address: https://www.postoffice.co.uk

Address of the buyer profile: https://www.postoffice.co.uk

I.4) Type of the contracting authority

Body governed by public law

I.5) Main activity

General public services

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Post Office Prepaid Card Solution to Support Budgeting and Bill Payments

Reference number: 2019/S 036-081559

II.1.2) Main CPV code

66000000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Post Office is running this procurement process to identify and contract with a single supplier to deliver a pre-paid card solution that includes a physical card backed by a transactional account with digital app and web portal. The solution is primarily intended to target the under-banked and financially excluded and end users struggling with or wanting to take control of their budgeting.

Post Office intends to expand the use of a pre-paid card during the lifetime of this service which could include but not be limited to coverage for any other demographic with a requirement for its application, potentially resulting in significant growth of the services provided under the contract.

II.1.6) Information about lots

This contract is divided into lots: No

II.2) Description

II.2.2) Additional CPV code(s)

30160000

30162000

48812000

66000000

66110000

66172000

72000000

72212000

72212441

72212442

72416000

79211200

79412000

79512000

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

UNITED KINGDOM.

II.2.4) Description of the procurement

The procurement process is being run following the competitive procedure with negotiation (CPN).

Post Office have a clear view of the product proposition, both for initial launch but also for development, and expect the supplier to work with us in developing features from the product roadmap. Post Office intends to expand the use of a pre-paid card during the lifetime of this service which could include but not be limited to coverage for any other demographic with a requirement for its application, potentially resulting in significant growth of the services provided under the contract.

The supplier must be financially regulated and hold a current e-money license, with the capability of providing prepaid cards. The prepaid card should be capable of standard banking functionality and transactions including cash access over Post Office counters

Additionally, the service must as a minimum include the development, production, implementation and operational aspects related to: account opening maintenance and operation of accounts (including dormant accounts), associated card fulfilment, card acquiring, issuing and management, provision of contact centre for customer servicing, and the provision of management information.

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

Post Office Ltd reserves the right to extend the contract after the initial 60 months on one or more occasions up to a maximum term of 84 months.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Competitive procedure with negotiation

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2019/S 036-081559

Section V: Award of contract

A contract/lot is awarded: No

V.1 Information on non-award

The contract/lot is not awarded

Other reasons (discontinuation of procedure)

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

Post Office Ltd

Head Office Finsbury Dials, 20 Finsbury Street

London

EC2Y 9AQ

UK

VI.5) Date of dispatch of this notice

05/11/2019

Coding

Commodity categories

ID Title Parent category
72416000 Application service providers Provider services
66110000 Banking services Banking and investment services
79512000 Call centre Telephone-answering services
79211200 Compilation of financial statements services Accounting services
72212441 Financial analysis software development services Programming services of application software
66000000 Financial and insurance services Finance and Related Services
48812000 Financial information systems Information systems
79412000 Financial management consultancy services Business and management consultancy services
72212442 Financial systems software development services Programming services of application software
66172000 Financial transaction processing and clearing-house services Financial consultancy, financial transaction processing and clearing-house services
72000000 IT services: consulting, software development, Internet and support Computer and Related Services
30160000 Magnetic cards Office machinery, equipment and supplies except computers, printers and furniture
72212000 Programming services of application software Programming services of packaged software products
30162000 Smart cards Magnetic cards

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
banking.enquiries@postoffice.co.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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