Members are planning to let a contract worth around £10 million a year to run its revenues and benefits operation. It would run for four or five years. It would affect around 280 staff - 130 more than in Bromley LBC's exchequer services deal with Capita Managed Services.
Some members of Southwark's Labour group are uneasy about being associated with such a high profile voluntary tendering exercise. Peter Timmins, head of exchequer services, said committees had discussed the idea nine times in the past year.
'The council intends to issue contract documents in November', Mr Timmins said.
The council consulted leading contract services players Capita and CSL earlier this year to find out if devolution would deter them from bidding.
Mr Timmins said there would be an in house bid for the contract. He said in recent months the finance department had drastically cut the backlog in benefit applications and benefit take up was now at record levels.