City Finances Support Service

The City of London, represented by The Mayor and Commonalty and Citizens of the City of London, has initiated an active procurement process titled "City Finances Support Service" under the industry category of social work and related services. This procurement falls within the jurisdiction of the UK sub-central government and seeks quotations for a comprehensive support service covering direct payments, self-managed accounts, prepaid cards, and associated management services. The tender is at the "Tender" stage, following an open procedure and has set the submission deadline for 14th November 2025.

Interested parties must ensure any enquiries are submitted by 27th October 2025. The value of the contract is estimated at £108,000, with the service contract scheduled to commence on 1st April 2026 in the City of London. This tender presents significant opportunities for businesses specialising in financial management, social work services, and digital payment systems.

With a focus on delivering comprehensive financial services coupled with social support functions, businesses with expertise in direct payments, payroll management, and account administration will find this contract particularly suitable. The open competition format invites companies to form partnerships or subcontract to fulfil the broad service requirements, thus encouraging collaboration and offering a chance for SMEs and larger firms alike to impact the delivery of critical support services within the City of London.