Scope
Reference
BT252
Description
Westminster City Council (WCC) is seeking to procure a robust and cost-effective Treasury Management System (TMS) on behalf of the Tri-Borough (London Borough of Hammersmith and Fulham and Royal Borough of Kensington and Chelsea) and the London Borough of Bexley that will enhance and support the Council's daily operational and strategic treasury management activities. This is critical software that helps to manage the treasury function for the council.
WCC provides treasury services for four councils and each currently uses the same system.
Total value (estimated)
- £75,000 excluding VAT
- £90,000 including VAT
Below the relevant threshold
Contract dates (estimated)
- 4 August 2025 to 3 July 2027
- Possible extension to 3 July 2028
- 2 years, 11 months
Description of possible extension:
Service team opts to extend at their discretion.
Main procurement category
Services
CPV classifications
- 66600000 - Treasury services
- 48170000 - Compliance software package
- 72212170 - Compliance software development services
- 48100000 - Industry specific software package
- 72212100 - Industry specific software development services
- 48812000 - Financial information systems
- 48441000 - Financial analysis software package
- 48411000 - Investment management software package
- 48442000 - Financial systems software package
Participation
Particular suitability
- Small and medium-sized enterprises (SME)
- Voluntary, community and social enterprises (VCSE)
Submission
Enquiry deadline
10 July 2025, 5:00pm
Tender submission deadline
14 July 2025, 5:00pm
Submission address and any special instructions
You can click 'register' to create a log in for the procurement portal via this link: https://wcc.ukp.app.jaggaer.com/esop/ogc-host/public/wcc/web/login.jst?VISITORID=95cbae3a-3db5-476e-8d1a-8e09cf1fba37&_ncp=1743164084024.1755011-1
Once you have created an account, you can log into the opportunity via this link: https://wcc.ukp.app.jaggaer.com/go/83104907019778BFC7D0
Tenders may be submitted electronically
Yes
Award criteria
Most Advantageous Tender:
Quality - 70%
Price - 30%
Procedure
Procedure type
Below threshold - open competition
Contracting authority
Westminster City Council
- Public Procurement Organisation Number: PJVD-6261-BPPJ
64 Victoria Street
London
SW1E 6QP
United Kingdom
Email: buyingteam@westminster.gov.uk
Website: https://www.westminster.gov.uk/
Region: UKI32 - Westminster
Organisation type: Public authority - sub-central government