Award

Treasury Advisory Services

OLDHAM COUNCIL

This public procurement record has 3 releases in its history.

Award

02 May 2023 at 15:52

Award Notice
Tender

28 Feb 2023 at 09:06

Tender Notice
Tender

10 Feb 2023 at 13:38

Tender Notice
Summary of the contracting process

Oldham Council is procuring Treasury Advisory Services as the lead authority, representing various other authorities in the Greater Manchester area. The contract value is £720,000 GBP, with the procurement method being an open procedure. The tender period ends on 13th March 2023, and the contract period starts on 1st April 2023 until 31st March 2027.

This tender offers an opportunity for businesses to provide treasury advisory services to a consortium of authorities in the Greater Manchester area, focusing on making better decisions, saving costs, and improving investment returns. Small and medium-sized enterprises (SMEs) with expertise in financial consultancy and treasury management would be well-suited to compete for this contract.

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Notice Information

Notice Title

Treasury Advisory Services

Notice Description

Oldham Council lead authority wish to appoint a Supplier to provide treasury advisory services on behalf of the following authorities Bolton Council Bury Council Greater Manchester Combined Authorities Manchester City Council Oldham Council Rochdale Metropolitan Borough Council Salford City Council Stockport Council Tameside Metropolitan Borough Council Trafford Council Warrington Borough Council Chorley Council The role of the Supplier is to work with a number of authorities linked to the Greater Manchester area It will involve working with treasury management staff to add value to its treasury management activities and ensure that each authority complies with the CIPFA Prudential and Treasury Management Codes There should be clear benefits for each authority participating in the form of better decisions savings from cheaper borrowing savings from debt restructuring improved investment returns more robust systems and procedures and skills transfer from the consultant to the authority It is envisaged that the financial benefits to each authority participating will substantially outweigh the cost of contract

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-113f44b4-a538-4bb2-b76e-27a29b08637c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c1319ecb-c172-4f00-9bd3-79108714e670
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

CPV Codes

66600000 - Treasury services

Notice Value(s)

Tender Value
£720,000 £500K-£1M
Lots Value
Not specified
Awards Value
£720,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
2 May 20232 years ago
Submission Deadline
13 Mar 2023Expired
Future Notice Date
Not specified
Award Date
13 Apr 20232 years ago
Contract Period
14 Apr 2023 - 13 Apr 2026 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
OLDHAM COUNCIL
Contact Name
Emily Molden
Contact Email
emily.molden@oldham.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
OLDHAM
Postcode
OL1 1UT
Post Town
Oldham
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD37 Greater Manchester North East
Delivery Location
TLD North West (England)
Local Authority
Oldham
Electoral Ward
Coldhurst
Westminster Constituency
Oldham West, Chadderton and Royton

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

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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. 

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