The two parties had come together ahead of the Uttar Pradesh Assembly elections earlier this year.
"The pre-poll electoral tie-up was for 2017 UP Assembly elections. This does not mean that it continues for the urban local bodies' elections or 2019 Lok Sabha polls," Samajwadi Party spokesperson and MLC Sunil Singh Sajan said.
His remarks came against the backdrop of senior Congress leader and the party's general secretary Ghulam Nabi Azad recently stating that his party would go it alone in the urban local bodies polls.
"Our party will contest the upcoming urban local bodies polls on its own," he had said at a function in Aligarh on Sunday to mark the birth centenary of former prime minister Indira Gandhi.
Reacting to Mr Azad's comments, Mr Sajan said, "The issues and prevailing situation decide whether to opt for an electoral tie-up or not... We are ready for the urban local bodies' polls."
The SP leader said the party's coordination with the Congress was good and in some ways their ideologies also match.
"But, this does not necessarily mean that we will opt for an electoral tie-up. We will fight the urban local bodies' polls on our own," Mr Sajan said.
The notification for the local body polls is likely to be issued before the end of this month.