Treasury Management Service
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
Summary: The London Borough of Sutton is currently in the tender update stage of procuring Treasury Management Advice Services, conducted under a Shared Services Agreement with the Royal Borough of Kingston upon Thames. The procurement falls under the 'services' category, specifically treasury services, as classified by the CPV code 66600000. This contract is structured to leverage 'benefits of scale', expecting a single supplier to handle services for both authorities. The estimated contract value is £133,600, with a possible extension after 36 months for an additional year. Interested parties must submit their applications electronically by 2nd March 2026 at 14:00 GMT through the specified London Tender Portal.