Award

COV - Treasury Advice Management - AWARD

COVENTRY - SOLIHULL - WARWICKSHIRE

This public procurement record has 1 release in its history.

Award

24 Apr 2019 at 11:30

Summary of the contracting process

The Coventry - Solihull - Warwickshire Council has completed the procurement process for the project titled "COV - Treasury Advice Management." This tender, categorised under treasury services, was conducted via an open procurement method and was divided into two lots: one for Coventry City Council and another for the West Midlands Combined Authority. The tender was active until 1st February 2019, with the contract period set to commence on 1st April 2019 and conclude on 31st March 2024. The total contract value is £500,000, with a minimum threshold of £300,000 for bidding.

This opportunity presents a potential for business growth, particularly for large firms experienced in financial consultancy and treasury services. Companies that specialise in investment risk management and borrowing strategies may find this process particularly relevant. The awarded contract has been granted to Arlingclose Limited, indicating that other businesses with similar expertise in financial markets could target future contracts in similar procurements by the council and local authorities.

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Notice Title

COV - Treasury Advice Management - AWARD

Notice Description

The Council wishes to appoint a contractor to provide specialist advice on the management of investment risk and borrowing strategies. The tender is divided into 2 lots. o Lot 1 Coventry City Council o Lot 2 West Midlands Combined Authority (WMCA)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2a4ecaa1-de54-40df-8feb-b01826796850
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fcd74126-37df-460e-b6c0-3e68a3939008
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66150000 - Financial markets administration services

66151000 - Financial market operational services

66171000 - Financial consultancy services

66600000 - Treasury services

Notice Value(s)

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

Notice Dates

Publication Date
24 Apr 20196 years ago
Submission Deadline
1 Feb 2019Expired
Future Notice Date
Not specified
Award Date
13 Mar 20196 years ago
Contract Period
31 Mar 2019 - 31 Mar 2024 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
COVENTRY - SOLIHULL - WARWICKSHIRE
Contact Name
Sheree Wesson
Contact Email
sheree.wesson@coventry.gov.uk
Contact Phone
024 7683 3758

Buyer Location

Locality
COVENTRY
Postcode
CV1 2GN
Post Town
Coventry
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG33 Coventry
Delivery Location
TLG West Midlands (England)

Local Authority
Coventry
Electoral Ward
St Michael's
Westminster Constituency
Coventry South

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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