Award

Treasury Management Advisory Services - for Torbay Council

TORBAY COUNCIL

This public procurement record has 2 releases in its history.

Award

06 Apr 2020 at 12:36

Tender

21 Jan 2020 at 15:42

Summary of the contracting process

The procurement process involves Torbay Council seeking a contractor to provide Treasury Management Advisory Services, valued at approximately £49,500. This open tender falls under the category of business services, specifically treasury services, and is situated in the South West region of the United Kingdom. The tender period closed on 18th February 2020, with the contract set to commence on 1st May 2020 and run until 28th April 2023. Interested businesses were required to register on the ProContract e-Tendering portal to access the necessary documents and submit their proposals.

This tender presents significant opportunities for businesses, particularly small and medium-sized enterprises (SMEs) that offer consultancy and advisory services in treasury management. Companies equipped with expertise in financial services, investment strategies, and municipal financial advisory are well-suited to compete for this contract. Engaging with public sector contracts like this one can be a lucrative avenue for growth, allowing businesses to enhance their portfolio and establish long-term relationships within the public sector.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Treasury Management Advisory Services - for Torbay Council

Notice Description

Torbay Council is looking to appoint a contractor to provide Treasury Management Advice to the Council. Please refer to the tender documents for full details of the requirements. Additional information: In order to provide unrestricted, full, direct and free of charge access to the Tender Documents the Authority is providing the Documents in PDF format in the 'Opportunities' Area of the ProContract e-Tendering portal, at www.supplyingthesouthwest.org.uk In order to access amendable versions of the Documents and to submit a response, Applicants must be registered as Suppliers on ProContract. Applicants should then register an interest in the opportunity and download the Documents for completion and submission.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-05482ce9-8ec7-425f-9576-78ae1ec9b175
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cf71f3e6-d499-43e4-be09-1a35b7617f73
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66600000 - Treasury services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£49,500 Under £100K
Lots Value
Not specified
Awards Value
£48,033 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Apr 20205 years ago
Submission Deadline
18 Feb 2020Expired
Future Notice Date
Not specified
Award Date
24 Mar 20205 years ago
Contract Period
30 Apr 2020 - 28 Apr 2023 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
TORBAY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
TORQUAY
Postcode
TQ1 3DR
Post Town
Torquay
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK42 Torbay
Delivery Location
TLK South West (England)

Local Authority
Torbay
Electoral Ward
Tormohun
Westminster Constituency
Torbay

Supplier Information

Number of Suppliers
1
Supplier Name

ARLINGCLOSE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-05482ce9-8ec7-425f-9576-78ae1ec9b175-2020-04-06T13:36:35+01:00",
    "date": "2020-04-06T13:36:35+01:00",
    "ocid": "ocds-b5fd17-05482ce9-8ec7-425f-9576-78ae1ec9b175",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "TORB001-DN457286-45721002",
        "title": "Treasury Management Advisory Services - for Torbay Council",
        "description": "Torbay Council is looking to appoint a contractor to provide Treasury Management Advice to the Council. Please refer to the tender documents for full details of the requirements. Additional information: In order to provide unrestricted, full, direct and free of charge access to the Tender Documents the Authority is providing the Documents in PDF format in the 'Opportunities' Area of the ProContract e-Tendering portal, at www.supplyingthesouthwest.org.uk In order to access amendable versions of the Documents and to submit a response, Applicants must be registered as Suppliers on ProContract. Applicants should then register an interest in the opportunity and download the Documents for completion and submission.",
        "datePublished": "2020-01-21T15:42:21Z",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79000000",
            "description": "Business services: law, marketing, consulting, recruitment, printing and security"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "66600000",
                "description": "Treasury services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "South West",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "South West",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 47000,
            "currency": "GBP"
        },
        "value": {
            "amount": 49500,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2020-02-18T23:59:59Z"
        },
        "contractPeriod": {
            "startDate": "2020-05-01T00:00:00+01:00",
            "endDate": "2023-04-28T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/2efc3a06-4fff-4122-9b05-4940a05d2849",
                "datePublished": "2020-01-21T15:42:21Z",
                "format": "text/html",
                "language": "en"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-52379",
            "name": "Torbay Council",
            "identifier": {
                "legalName": "Torbay Council"
            },
            "address": {
                "streetAddress": "Torbay Council Town Hall, Castle Circus",
                "locality": "Torquay",
                "postalCode": "TQ1 3DR",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Lawrence Brown",
                "email": "lawrence.brown@torbay.gov.uk",
                "telephone": "+44 1803208977"
            },
            "details": {
                "url": "http://www.torbay.gov.uk/"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-141408",
            "name": "Arlingclose Ltd",
            "identifier": {
                "legalName": "Arlingclose Ltd"
            },
            "address": {
                "streetAddress": "EC1Y 4SE"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-52379",
        "name": "Torbay Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-05482ce9-8ec7-425f-9576-78ae1ec9b175-1",
            "status": "active",
            "date": "2020-03-24T00:00:00Z",
            "datePublished": "2020-04-06T00:00:00+01:00",
            "value": {
                "amount": 48033.53,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-141408",
                    "name": "Arlingclose Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2020-05-01T00:00:00+01:00",
                "endDate": "2023-04-28T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/cf71f3e6-d499-43e4-be09-1a35b7617f73",
                    "datePublished": "2020-04-06T00:00:00+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}