Banking and Cash Management Services

Official notice

Authority: Transport for London (Public body)

ServicesSME suitableVCSE suitable

Sectors: Financial and insurance services (66) Delivery: Delivery location not published

Planned pipeline valueValue not publishedpipeline notice, not a live tender

Tender notice expected 1 Dec 2025from the planned procurement notice

Contract term 3 yrsends 31 Mar 2030 · up to 31 Mar 2032 with extensions · starts 1 Apr 2027

What is being bought

Published requirement description

Banking and cash management, international oyster refund payments and securities (custodian and settlement) services.Current contract to expire in March 2027; re-sourcing activities to start 18 months prior to expiry.Retender procurement route yet to be determined.

CPV: Financial and insurance services

The lotProcurement structure

single lot · no lot value published

Lot #1PlannedRenewal 3 yrsSMEVCSE

Contract period: 1 Apr 2027 – 31 Mar 2030 (3 yrs) · up to 31 Mar 2032 with extensions

Eligibility: SME eligibleVCSE eligible

Extensions: Extension options published

66000000 Financial and insurance services

Procedure terms & legal framework

From the official record

Legal basis: UKPGA · 2023/54 Procurement Act 2023
Procurement category: Services
Notice status: Past planning notice
Procurement threshold: Unspecified in notice
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: 21 May 2025, 17:55 BST
Last source update: 21 May 2025, 17:55 BST
Authority reference: WS2488246298
FTS notice number: 2025/S 000-024341
Latest notice: Pipeline notice (UK1)
Classification (CPV): Financial and insurance services
Delivery area: Not published
Official registry OCID: ocds-h6vhtk-051c26 Find a Tender

How it was run

Official notice

Submission deadline: —

Timeline

21 May 2025 → 1 Apr 2027 · 3 dates

Planning notice published
21 May 2025, 17:55 BST
Tender notice expected337 days ago
1 Dec 2025, 23:59 GMT
Today
4 Nov 2026
Contract startsin 147 days
1 Apr 2027, 00:00 BST

Notice history

1 event · 1 release on Find a Tender

Pipeline notice published
21 May 2025, 17:55 BST
UK1

Commercial outcome & contract awards

Pipeline notice

Awards (0): No award published
Contracts (0): No contract published
Bid statistics: No aggregate bid statistics published

Contracting authority & participating public bodies

Transport for London

Contracting authorityPublic authority - central government GB-PPON: PHMT-6197-NWNZ 5 Endeavour Square, London, London, E20 1JNContact name, email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

Pipeline notice planningPipeline noticeUK1Pipeline notice on Find a Tender21 May 2025, 17:55 BST