Tender

ITS201389 Procurement of a Treasury Management Solution

LEEDS CITY COUNCIL

This public procurement record has 1 release in its history.

Tender

14 Feb 2019 at 15:29

Tender Notice
Summary of the contracting process

Leeds City Council is currently seeking to procure a Treasury Management Solution, aimed at enhancing their financial management activities related to external borrowing, lending, and cash flow. This tender is classified under the "Software package and information systems" industry category. The open procurement process will close on 28th February 2019, with the potential contract being awarded for an initial five-year period that may extend for up to five additional years. The total estimated value of the contract is £25,000, and the services will be delivered in the Yorkshire and the Humber region of the United Kingdom.

This tender presents an excellent growth opportunity for small and medium-sized enterprises (SMEs) within the software and financial services sectors. Businesses that specialise in treasury management solutions, financial software development, or related consultancy services would be particularly well-positioned to compete. The emphasis on providing a comprehensive financial management system also opens avenues for companies with strong capabilities in data reporting and cash flow management to participate in this procurement process.

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Notice Information

Notice Title

ITS201389 Procurement of a Treasury Management Solution

Notice Description

Leeds City Council is seeking to procure a Treasury Management Solution. The Treasury Management Solution will support the Council in the management of financial activities in relation to its external borrowing, lending and cash flow. This includes the following: * Managing Council loans and investments * Calculation of interest * Management of counterparties * Standard settlement instructions * Recording and reporting on the management of Council cash flow information It will also provide management reporting and reconciliation to the Council's financial system. This system is not just for use by Leeds City Council but also for the West Yorkshire Combined Authority for whom the Council provide Treasury Management services under a service level agreement. In 2017/18 the system recorded movements in cash of PS5.89bn The Council wishes to award a contract to a single supplier for an initial five year period with the option to extend by five periods of 12 months. *********** All questions relating to this procurement must only be sent using the messaging function within the YORtender Portal, questions received by any other means (email, telephone etc.) will not be responded to. Further information and the full tender documents can be accessed on the regional procurement portal at www.yortender.co.uk by searching for reference DN379341 or the title: ITS201389 Procurement of a Treasury Management Solution.**********

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1d910c0a-5758-4502-a4e5-d81c50319897
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/da222724-6d20-49f7-bfea-8a73d5659cca
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services

CPV Codes

48000000 - Software package and information systems

66600000 - Treasury services

Notice Value(s)

Tender Value
£25,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Feb 20197 years ago
Submission Deadline
28 Feb 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
17 Apr 2019 - 17 Mar 2024 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LEEDS CITY 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
LEEDS
Postcode
LS1 3DL
Post Town
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
TLE Yorkshire and The Humber
Local Authority
Leeds
Electoral Ward
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Further Information

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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