Contract award · 10 Apr 2026

Payment Card Solution

Independent Parliamentary Standards Authority awarded “Payment Card Solution” to Lloyds Banks for £35m on 10 Apr 2026. Awarded without open competition.

No competitionPublic administration & defence servicesLondon

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Buyer
Independent Parliamentary Standards Authority · Body governed by public law
Supplier
Lloyds Banks
Value
£35,000,000
Procedure
Award procedure without prior publication of a call for competition
Sector
Public administration & defence services · General public services (CPV 75110000)
Region
London
Timeline
  1. Contract date10 Apr 2026
  2. Published13 Apr 2026Published 3 days after the contract date

Description

Provision of a Payment Card Solution

About the supplier

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