Award

Treasury Management Service

LONDON BOROUGH OF SUTTON

This public procurement record has 3 releases in its history.

Award

23 Apr 2026 at 14:38

TenderUpdate

27 Feb 2026 at 10:51

Tender

05 Feb 2026 at 15:07

Summary of the contracting process

The London Borough of Sutton has concluded its procurement process for Treasury Management Advice Services through an open competition, resulting in awarding the contract to Arlingclose Limited. This procurement, falling under the services industry category, was conducted below the financial threshold and involved both Sutton and the Royal Borough of Kingston upon Thames under a shared services agreement. The awarded contract covers a period from 1st April 2026 to 31st March 2029, with an option to extend for an additional 12 months. Key specifications included a focus on treasury services, promising benefits of scale due to uniform service needs across both boroughs. The main procurement stage was award, finalised on 30th March 2026.

This procurement offers substantial business growth opportunities, particularly for SMEs specialising in financial advisory, treasury management, and consultative services. Organisations with expertise in these services can leverage the opportunity by expanding their influence within local government sectors, thus broadening their client base and strengthening their sector presence. Given the competitive weighting criteria based on quality, social value, and price, businesses capable of delivering high-quality advisory services with cost-effective solutions stand a strong chance of succeeding in similar future tenders. Additionally, the shared services model could provide scope for reduced operational costs and increased efficiency, appealing to businesses keen on scalable projects.

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How relevant is this notice?

Notice Title

Treasury Management Service

Notice Description

Under a Shared Services Agreement, the London Borough of Sutton is seeking bids for the provision of Treasury Management Advice Services for itself and the Royal Borough of Kingston-upon-Thames. Since the services being requested are the same for each authority, it is expected that some "benefits of scale" will be realised. Sutton shall only award the contract to one supplier to provide services for each Borough. The contract period is 36 months with an option to extend for 12 further months at the sole discretion of the Council. The contract is with the London Borough of Sutton. The Royal Borough of Kingston reimburse Sutton for services.

Lot Information

Lot 1

Renewal: There is an option to extend for a further 12 months at the sole discretion of the London Borough off Sutton in consultation with the Royal Borough of Kingston upon Thames.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06492a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037219-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66600000 - Treasury services

Notice Value(s)

Tender Value
£133,600 £100K-£500K
Lots Value
£133,600 £100K-£500K
Awards Value
Not specified
Contracts Value
£112,000 £100K-£500K

Notice Dates

Publication Date
23 Apr 20261 months ago
Submission Deadline
2 Mar 2026Expired
Future Notice Date
Not specified
Award Date
29 Mar 20262 months ago
Contract Period
31 Mar 2026 - 31 Mar 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF SUTTON
Additional Buyers

ROYAL BOROUGH OF KINGSTON UPON THAMES

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SUTTON
Postcode
SM1 1EA
Post Town
Sutton
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)

Local Authority
Kingston upon Thames
Electoral Ward
Kingston Town
Westminster Constituency
Kingston and Surbiton

Supplier Information

Number of Suppliers
1
Supplier Name

ARLINGCLOSE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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