Award

Treasury Management Services

UNIVERSITY OF DERBY

This public procurement record has 1 release in its history.

Award

11 Jan 2021 at 10:18

Award Notice
Summary of the contracting process

The procurement process for Treasury Management Services has been initiated by the University of Derby, located in Derby, England. The contract is classified under the services industry category and involves a competitive quotation procurement method, particularly suitable for limited tendering below threshold. The procurement process was completed on 11th January 2021, with the contract starting on 18th January 2021 and running for three years, until 17th January 2025. The initial contract value is set at £106,000, with a minimum threshold of £36,000, and a tender submission deadline that expired on 4th December 2020.

This tender presents significant opportunities for SMEs specialising in financial advisory services, particularly those focused on treasury management and investment strategies. Businesses capable of providing expert guidance in mitigating financial risks while enhancing investment returns would be particularly well-suited to compete for future tenders of this nature. With the University of Derby prioritising highest standards in financial advisement, organisations that can demonstrate expertise and a commitment to client interests will find a viable path to growth through participation in similar procurement opportunities.

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Notice Information

Notice Title

Treasury Management Services

Notice Description

Treasury Management Services. The University considers that in all circumstances the advisor act in the best financial interests of the University and offers guidance when required. The University's primary obligation is to mitigate risk and, alongside security, takes precedence over yield. We will require the Advisor to help the University find ways to improve investment returns without increasing risk to the University and provide information on suitable investment products and assistance on how to structure an appropriate investment strategy. The contract will be 3 years made up of an initial two-year period and an option to extend for a further year. This ensures all parties continue to offer the best service possible and an opportunity to revaluate the contract at the end of the 2 years. The advisor is required to attend annual strategy meetings with officers to discuss and review treasury management activity and the financial environment. Additional information: This contract has been awarded and tendered for via a competitive process.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-236cd32b-8f9c-425c-80b1-b0880f974458
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/648282a8-aadc-496e-a68c-047efa2a5680
Current Stage
Award
All Stages
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

98 - Other community, social and personal services

CPV Codes

98112000 - Services furnished by professional organisations

Notice Value(s)

Tender Value
£106,000 £100K-£500K
Lots Value
Not specified
Awards Value
£36,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Jan 20215 years ago
Submission Deadline
4 Dec 2020Expired
Future Notice Date
Not specified
Award Date
11 Jan 20215 years ago
Contract Period
18 Jan 2021 - 17 Jan 2025 4-5 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
UNIVERSITY OF DERBY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DERBY
Postcode
DE22 1GB
Post Town
Derby
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF East Midlands (England)
Local Authority
Derby
Electoral Ward
Allestree
Westminster Constituency
Mid Derbyshire

Supplier Information

Number of Suppliers
1
Supplier Name

CENTRUS FINANCIAL ADVISORS

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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