Scope
Description
The City invites Quotations for the provision of the City Finances Support Service (CFSS).
The City Finances Support Service is comprised of the core elements of a Direct Payments (Self-Managed Account with PA Recruitment/Management and Payroll Support and a Managed Account for Agency/Provider and Managed Bank Account) support service and in addition, a Pre-Paid Cards Service.
The Pre-Paid Card Service will be delivered and contract managed alongside the suite of Direct Payments Support services listed above. Service users accessing and using the pre-paid cards service may not necessarily be utilising direct payments to facilitate and support their care needs. The service users of the CFSS will be Adults, the Parents/Guardians of children in receipt of direct payments or utilising a pre-paid card.
The Corporation welcomes the services listed above to be delivered by providers in full or via a partnership, third party or sub-contractual arrangement. The lead provider will be responsible for the effectively contract manage any sub-contract arrangements as required and will need to set out this arrangement as part of their quotation response.
Total value (estimated)
- £90,000 excluding VAT
- £108,000 including VAT
Below the relevant threshold
Contract dates (estimated)
- 1 April 2026 to 31 March 2029
- 3 years
Main procurement category
Services
CPV classifications
- 85300000 - Social work and related services
- 85310000 - Social work services
- 66151000 - Financial market operational services
Submission
Enquiry deadline
27 October 2025, 11:59pm
Tender submission deadline
14 November 2025, 11:59pm
Submission address and any special instructions
Tenders may be submitted electronically
Yes
Award criteria
Bidders are required to submit a supplier questionnaire (SQ) response which has an initial first stage pass/fail evaluation criterion. Quotations that pass SQ Question 1 will then have to evidence their response to SQ Question 1 as outlined in SQ Question 2. Following the completion of the SQ evaluation questions, providers whose quotations have passed will then progress to have their quotations evaluated on a technical and commercial basis. Feedback will be offered to unsuccessful bidders.
The scoring/evaluation will be weighted as set out below:
Evaluation Criteria Weighting (%)
Technical Score Weight 80%
Commercial Score Weight 20%
The maximum achievable weighted score is 100.00; please note that percentages used in the evaluation are always rounded to 2 decimal places.
Procedure
Procedure type
Below threshold - open competition
Contracting authority
The Mayor and Commonalty and Citizens of the City of London
- Public Procurement Organisation Number: PYQD-1693-MYXR
PO Box 270
City of London
EC2P 2EJ
United Kingdom
Telephone: 020 7606 3030
Email: CityProc.Operations@cityoflondon.gov.uk
Website: https://www.cityoflondon.gov.uk
Region: UKI43 - Haringey and Islington
Organisation type: Public authority - sub-central government