Award

GB-Telford: Treasury Advisory Service

TELFORD & WREKIN COUNCIL

This public procurement record has 1 release in its history.

Award

25 Apr 2018 at 12:27

Summary of the contracting process

Telford & Wrekin Council is seeking a designated Account Manager for a Treasury Advisory Service, with an estimated contract value of £90,000. This tender falls under the services category, specifically targeting treasury services and financial consultancy, and is located in the West Midlands, UK. The procurement process follows an open procedure and is currently at the award stage, having been concluded on 15th October 2015, with the contract period running from 1st January 2016 to 31st December 2019. The award notice was published on 25th April 2018, available through Contracts Finder.

This tender presents a significant opportunity for small and medium enterprises (SMEs) specialising in financial consultancy and advisory services. Companies with expertise in local authority treasury management could greatly benefit from this contract, as it requires substantial experience in handling investments and debt advisory contracts. Business growth could be realised through engagement with the buyer, Telford & Wrekin Council, particularly for organisations that can demonstrate a strong understanding of local government financial frameworks.

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

GB-Telford: Treasury Advisory Service

Notice Description

The Council is seeking a single designated Account Manager to act as a focus point for service, who will have substantial experience in handling Local Authority treasury (investments & debt) advisory contracts. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement, and the contract will be awarded on the basis of the most economically advantageous tender.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0a4d338d-921a-40f5-a7ec-4d5d5943fe5a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2c88403d-2689-4841-9618-7eafc92a249d
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services


CPV Codes

66171000 - Financial consultancy services

66600000 - Treasury services

71241000 - Feasibility study, advisory service, analysis

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
Not specified
Awards Value
£90,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Apr 20187 years ago
Submission Deadline
15 Oct 2015Expired
Future Notice Date
Not specified
Award Date
14 Oct 201510 years ago
Contract Period
1 Jan 2016 - 31 Dec 2019 4-5 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
TELFORD & WREKIN 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
TELFORD
Postcode
TF3 4NT
Post Town
Telford
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG21 Telford and Wrekin
Delivery Location
TLG West Midlands (England)

Local Authority
Telford and Wrekin
Electoral Ward
Malinslee & Dawley Bank
Westminster Constituency
Telford

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-b5fd17-0a4d338d-921a-40f5-a7ec-4d5d5943fe5a-2018-04-25T13:27:09+01:00",
    "date": "2018-04-25T13:27:09+01:00",
    "ocid": "ocds-b5fd17-0a4d338d-921a-40f5-a7ec-4d5d5943fe5a",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "BIP314833925",
        "title": "GB-Telford: Treasury Advisory Service",
        "description": "The Council is seeking a single designated Account Manager to act as a focus point for service, who will have substantial experience in handling Local Authority treasury (investments & debt) advisory contracts. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement, and the contract will be awarded on the basis of the most economically advantageous tender.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66600000",
            "description": "Treasury services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "66171000",
                "description": "Financial consultancy services"
            },
            {
                "scheme": "CPV",
                "id": "71241000",
                "description": "Feasibility study, advisory service, analysis"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "West Midlands",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 90000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2015-10-15T23:59:59+01:00"
        },
        "contractPeriod": {
            "startDate": "2016-01-01T00:00:00Z",
            "endDate": "2019-12-31T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": true
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-7404",
            "name": "Telford & Wrekin Council",
            "identifier": {
                "legalName": "Telford & Wrekin Council"
            },
            "address": {
                "streetAddress": "Addenbrooke House",
                "locality": "Telford",
                "postalCode": "TF3 4NT",
                "countryName": "UK"
            },
            "contactPoint": {
                "name": "Bernie Morris",
                "email": "bernie.morris@telford.gov.uk",
                "telephone": "01952383702"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-84430",
            "name": "Arlingclose Ltd",
            "identifier": {
                "legalName": "Arlingclose Ltd"
            },
            "address": {
                "streetAddress": "60 Moregate LONDON EC2R 6EL"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-7404",
        "name": "Telford & Wrekin Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-0a4d338d-921a-40f5-a7ec-4d5d5943fe5a-1",
            "status": "active",
            "date": "2015-10-15T00:00:00+01:00",
            "datePublished": "2018-04-25T13:27:09+01:00",
            "value": {
                "amount": 90000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-84430",
                    "name": "Arlingclose Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2016-01-01T00:00:00Z",
                "endDate": "2019-12-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/2c88403d-2689-4841-9618-7eafc92a249d",
                    "datePublished": "2018-04-25T13:27:09+01:00",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "tenderNotice",
                    "description": "Please follow this link to view the notice.",
                    "url": "https://www.delta-esourcing.com/delta/respondToList.html?noticeId=314833925"
                }
            ]
        }
    ]
}