# GBS Merchant Acquiring Services \(Note: Published for completeness, see description for details\)

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [DEPARTMENT FOR WORK AND PENSIONS](/buyers/department-for-work-and-pensions/contract-awards)
- Contract winner: Standguide Ltd
- Award value: £1,699,110
- Tender value: £1,699,110
- Award date: 28 March 2017
- Published: 9 February 2018
- Contract start: 24 April 2017
- Contract end: 31 December 2020
- Stage: awarded
- Procurement category: services
- Notice ID: 763b6370-808b-4395-b952-d3ba0e4a7070-197280
- OCID: ocds-b5fd17-9e4e855e-3872-46f4-ac0d-39d6d5b50ca5

## Description

The New Enterprise Allowance scheme was designed to support the move into self-employment for those people who want to start their own business\. The NEA Phase 2 extends this support to some Universal Credit participants already self employed\. It provides Mentoring support and financial assistance \(NEA allowance for new business start ups\) to Participants who satisfy eligibility and are referred to the scheme by Jobcentre Plus Districts - Mercia, Midland shires \(This contract award was not published at the time of award\. It has been published for transparency purposes to provide a record of existing departmental contracts\)\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/763b6370-808b-4395-b952-d3ba0e4a7070-197280)