Tender

Treasury Management Service

LONDON BOROUGH OF SUTTON

This public procurement record has 1 release in its history.

Tender

05 Feb 2026 at 15:07

UK4 - Tender Notice
Summary of the contracting process

The London Borough of Sutton is inviting bids for its Treasury Management Service under a Shared Services Agreement, also benefiting the Royal Borough of Kingston Upon Thames. This procurement is in the tender stage, as of 5 February 2026, and pertains to the services industry, specifically treasury services, under CPV code 66600000. The contract is to be awarded to a single supplier for a duration of 36 months, with a possible 12-month extension. The application deadline is set for 27 February 2026, while enquiries are open until 20 February 2026. The procurement method is an open competition below the threshold, allowing electronic submissions via the London Tender Portal.

This tender presents a substantial growth opportunity for businesses offering treasury management advisory services and looking to expand within public sector contracts. The contract, valued at £133,600 with potential scalability benefits, is suited for SMEs particularly due to its demand for a combination of quality, social contribution, and competitive pricing. The evaluation criteria favour companies that can balance service quality and social value against cost, with significant emphasis on quality at 60%, ensuring rewarding engagement for experienced treasury advisory firms ready to service multiple boroughs efficiently.

How relevant is this notice?

Notice Information

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. Estimated value:PS133,600.00

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.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06492a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010579-2026
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
SME
Awardee Scale
Not specified

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
Not specified

Notice Dates

Publication Date
5 Feb 20264 days ago
Submission Deadline
27 Feb 20263 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 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
LONDON BOROUGH OF SUTTON
Additional Buyers

ROYAL BOROUGH OF KINGSTON UPON THAMES

Contact Name
Not specified
Contact Email
commercial.procurement@sutton.gov.uk, commissioning@kingston.gov.uk
Contact Phone
Not specified

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

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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