Find a TenderClosedTender notice
Published 16 Jun 2025, 13:42 BST

Official UK procurement notice

BT252 - Treasury Management System

Official notice

Authority: Westminster City Council (Local council)

ServicesBelow threshold - open competitionBelow thresholdSME suitableVCSE suitable
Published estimate£75,000≈ £39k / year · £90,000 inc. VAT
Submissions closed 14 Jul 2025
Contract term 1 yr 11 moends 3 Jul 2027 · up to 3 Jul 2028 with extensions · starts 4 Aug 2025

What is being bought

Published requirement 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.

CPV: Compliance software development services · Compliance software package · Financial analysis software package · Financial information systems · Financial systems software package · Industry specific software development services · Industry specific software package · Investment management software package · Treasury services

The lotProcurement structure

single lot · value published
Lot #1Renewal 1 yr 11 moSMEVCSEPublished value£75,000
Contract period: 4 Aug 2025 – 3 Jul 2027 (1 yr 11 mo) · up to 3 Jul 2028 with extensionsValue: £75,000 exc. VAT · £90,000 inc. VAT
Eligibility: SME eligibleVCSE eligible
Extensions: Service team opts to extend at their discretion.

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored

Lot awarding rule: Most Advantageous Tender: Quality - 70% Price - 30%

Procedure terms & legal framework

From the official record
Procedure method
Below threshold - open competition
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Closed
Procurement threshold
Below threshold
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
16 Jun 2025, 13:42 BST
Last source update
16 Jun 2025, 13:42 BST
Authority reference
BT252
FTS notice number
2025/S 000-032599
Latest notice
Tender notice (UK4)
Classification (CPV)
Compliance software development servicesCompliance software packageFinancial analysis software packageFinancial information systemsFinancial systems software packageIndustry specific software development servicesIndustry specific software packageInvestment management software packageTreasury services
Delivery area
Not published
Official registry OCID
ocds-h6vhtk-054947 Find a Tender

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on JAGGAER
Supplier login requiredElectronic submission allowed
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
Submission deadline
14 Jul 2025, 17:00 BST
Clarification deadline
10 Jul 2025, 17:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Detailed submission instructions & authority contactsFrom official release

You can click 'register' to create a log in for the procurement portal via this link: wcc.ukp.app.jaggaer.com/esop/ogc-host/public… ↗

Once you have created an account, you can log into the opportunity via this link: wcc.ukp.app.jaggaer.com/go/83104907019778BFC7D0 ↗

Timeline

16 Jun 2025 → 4 Aug 2025 · 4 dates
  1. Tender notice published
    16 Jun 2025, 13:42 BST
  2. Clarification questions by
    10 Jul 2025, 17:00 BST
  3. Submission deadline
    14 Jul 2025, 17:00 BST
  4. Contract starts
    4 Aug 2025, 00:00 BST

Notice history

1 event · 1 release on Find a Tender
  1. Tender notice published
    16 Jun 2025, 13:42 BST
    UK4

Contracting authority & participating public bodies

Westminster City Council

Contracting authorityPublic authority - sub-central government GB-PPON: PJVD-6261-BPPJ 64 Victoria Street, London, London, SW1E 6QPContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender