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City Finances Support Service

The Mayor and Commonalty and Citizens of the City of London

This public procurement record has 1 release in its history.

Tender

17 Oct 2025 at 14:23

UK4 - Tender Notice
Summary of the contracting process

The City of London, represented by The Mayor and Commonalty and Citizens of the City of London, has initiated an active procurement process titled "City Finances Support Service" under the industry category of social work and related services. This procurement falls within the jurisdiction of the UK sub-central government and seeks quotations for a comprehensive support service covering direct payments, self-managed accounts, prepaid cards, and associated management services. The tender is at the "Tender" stage, following an open procedure and has set the submission deadline for 14th November 2025. Interested parties must ensure any enquiries are submitted by 27th October 2025. The value of the contract is estimated at £108,000, with the service contract scheduled to commence on 1st April 2026 in the City of London.

This tender presents significant opportunities for businesses specialising in financial management, social work services, and digital payment systems. With a focus on delivering comprehensive financial services coupled with social support functions, businesses with expertise in direct payments, payroll management, and account administration will find this contract particularly suitable. The open competition format invites companies to form partnerships or subcontract to fulfil the broad service requirements, thus encouraging collaboration and offering a chance for SMEs and larger firms alike to impact the delivery of critical support services within the City of London.

How relevant is this notice?

Notice Information

Notice Title

City Finances Support Service

Notice Description

The City invites Quotations for the provision of the City Finances Support Service (CFSS). The City Finances Support Service is comprised of the core elements of a Direct Payments (Self-Managed Account with PA Recruitment/Management and Payroll Support and a Managed Account for Agency/Provider and Managed Bank Account) support service and in addition, a Pre-Paid Cards Service. The Pre-Paid Card Service will be delivered and contract managed alongside the suite of Direct Payments Support services listed above. Service users accessing and using the pre-paid cards service may not necessarily be utilising direct payments to facilitate and support their care needs. The service users of the CFSS will be Adults, the Parents/Guardians of children in receipt of direct payments or utilising a pre-paid card. The Corporation welcomes the services listed above to be delivered by providers in full or via a partnership, third party or sub-contractual arrangement. The lead provider will be responsible for the effectively contract manage any sub-contract arrangements as required and will need to set out this arrangement as part of their quotation response.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05cef3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/066355-2025
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

85 - Health and social work services

CPV Codes

66151000 - Financial market operational services

85300000 - Social work and related services

85310000 - Social work services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
£90,000 Under £100K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 Oct 202510 months ago
Submission Deadline
14 Nov 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Apr 2026 - 31 Mar 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
The Mayor and Commonalty and Citizens of the City of London
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CITY OF LONDON
Postcode
EC2P 2EJ
Postcode Area
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified
Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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