Award

Treasury Management Advice and Consultancy Service

REDCAR & CLEVELAND BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

08 Sep 2022 at 08:57

Tender

18 Jul 2022 at 07:17

Summary of the contracting process

The Redcar & Cleveland Borough Council has awarded the contract for the Treasury Management Advice and Consultancy Service to Arlingclose Ltd. The contract is set to start on 1st October 2022 and will last for 5 years until 30th September 2027, with a possible 24-month extension. The procurement method used was Competitive Quotation, with a contract value of £101,000 in GBP. The service falls under the financial and insurance services category, based in the North East region of the United Kingdom.

This tender presents an opportunity for businesses, especially those offering financial and consultancy services, to engage with Redcar & Cleveland Borough Council. The Council seeks SMEs who can provide expert advice in treasury management to ensure compliance with industry standards. Businesses that can offer long-term strategic advice and have experience in public sector financial services would be well-suited to compete for this contract.

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Notice Title

Treasury Management Advice and Consultancy Service

Notice Description

Award of Contract. The contract is scheduled to commence on 1 October 2022 and will be for a period of 5 years ending on 30 September 2027. The contract will also be subject to the option of a 24-month extension period.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1e783ac8-cfd9-430d-91ae-571ce71bb2f8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6e2719ad-a7fc-4d2f-b41a-a9b0a74f6e62
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£101,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Sep 20223 years ago
Submission Deadline
26 Aug 2022Expired
Future Notice Date
Not specified
Award Date
6 Sep 20223 years ago
Contract Period
30 Sep 2022 - 30 Sep 2027 Over 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
REDCAR & CLEVELAND BOROUGH COUNCIL
Contact Name
Commissioning & Procurement Team
Contact Email
procurement@redcar-cleveland.gov.uk
Contact Phone
01642 774774

Buyer Location

Locality
REDCAR
Postcode
TS10 1RT
Post Town
Cleveland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
TLC North East (England)

Local Authority
Redcar and Cleveland
Electoral Ward
Coatham
Westminster Constituency
Redcar

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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