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Banking service to support the Client Property and Money Management Service

London Borough of Lewisham

This public procurement record has 8 releases in its history.

TenderUpdate

17 Aug 2026 at 12:18

UK4 - Tender Notice
TenderUpdate

12 Aug 2026 at 15:46

UK4 - Tender Notice
Tender

11 Aug 2026 at 15:05

UK4 - Tender Notice
PlanningUpdate

10 Aug 2026 at 16:42

UK3 - Planned Procurement Notice
PlanningUpdate

04 Aug 2026 at 14:32

UK3 - Planned Procurement Notice
PlanningUpdate

16 Jul 2026 at 11:34

UK3 - Planned Procurement Notice
Planning

16 Jun 2026 at 14:33

UK3 - Planned Procurement Notice
Planning

16 Jun 2026 at 14:19

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

The London Borough of Lewisham is procuring banking services to support its Client Property and Money Management Service. The requirement covers banking arrangements for managing clients’ property and money. It is a services contract for banking services, classified under CPV 66110000. Delivery is across the United Kingdom, with the buying organisation based in Lewisham, London. The opportunity is therefore aimed at banks and specialist financial service providers able to support public-sector client-money management, compatible banking systems and the associated operational requirements. Suppliers should assess whether they can provide a fully tested, functioning banking service that integrates effectively with the Council’s technical and compatibility requirements.

The procurement has reached tender: the Council invited offers through a two-stage competitive procedure, using an open competition. Stage 1 is the ITT/PSQ process, with the updated submission deadline set for 17:00 on 25 August 2026. Enquiries close at 12:00 on 18 August 2026. The Council intends to issue the stage-two tender on 1 September 2026, with stage-two clarifications due by 12:00 on 8 September 2026. The contract is estimated to run from 11 January 2027 to 10 January 2031, with a discretionary four-year extension available until 10 January 2035. Estimated value is £175,000 excluding VAT and £210,000 including VAT. Evaluation combines independent scoring, moderated assessment, clarification rights and compliance requirements.

This opportunity suits banking providers with demonstrable technical ability to deliver a fully tested and functioning service for client property and money management. Compatibility is a specific requirement, so suppliers should be able to show that their systems and interfaces work reliably with the Council’s operational and technical environment. The contract also suits organisations with the capacity to provide continuity of banking support over an initial four-year period and, if required, a further four years. Providers familiar with public-sector procurement and regulated banking operations may be well placed to address the Council’s compliance requirements and transparent evaluation process. Businesses should be prepared to confirm their technical capability during the first stage before progressing to the second-stage tender.

How relevant is this notice?

Notice Information

Notice Title

Banking service to support the Client Property and Money Management Service

Notice Description

Lewisham Council is procuring banking services for Client Property and Money Management. The contract is estimated to start on 11th January 2027. The contract length is 4 years and can be extended by a further 4 years on the sole discretion of the contracting authority.

Lot Information

Lot 1

Renewal: The contract can be extended by a further 4 years on the sole discretion of the contracting authority.

Planning Information

Lewisham Council is seeking to research the market of relevant, fully tested and functioning technical and compatibility suppliers to provide banking services for Client and Property Money Management. To register your interest or for further information please email: ITProcurement@lewisham.gov.uk by 3rd July 2026.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06b607
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/078074-2026
Current Stage
Tender
All Stages
Planning, 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

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£175,000 £100K-£500K
Lots Value
£175,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 Aug 20261 months ago
Submission Deadline
25 Aug 2026Expired
Future Notice Date
11 Aug 2026Expired
Award Date
Not specified
Contract Period
11 Jan 2027 - 10 Jan 2031 4-5 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 Lewisham
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CATFORD
Postcode
SE6 4RU
Postcode Area
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified
Local Authority
Lewisham
Electoral Ward
Rushey Green
Westminster Constituency
Lewisham East

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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