Award

Treasury Management Services

ST ALBANS CITY & DISTRICT

This public procurement record has 1 release in its history.

Award

26 Jan 2024 at 15:05

Summary of the contracting process

The St Albans City & District council has awarded a contract for Treasury Management Services. The contract, with a value of £28,200 GBP, was awarded to Link Treasury Services Ltd. The procurement method used was an "Other - 2 Quote Exercise." The contract period is from 1st November 2023 to 31st October 2026. The tender period ended on 11th August 2023. The procurement process is now in the award stage.

This tender opportunity for Treasury Management Services in the South East, United Kingdom, presents a chance for small and medium-sized enterprises (SMEs) with expertise in treasury services to grow their business. Businesses with experience in publications, CIPFA guidance, technical advice according to legislation, and the development of efficient Treasury Management Strategies would be well-suited to compete for this contract.

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Notice Title

Treasury Management Services

Notice Description

The council is looking for a suitable treasury management supplier who can provide support to the finance team. The treasury management supplier will also need to demonstrate experience and knowledge for various publications, CIPFA guidance including technical advice in accordance with the Local Government Act 2003, the prudential code and CIPFA Treasury Management code of Practise, development of a robust and fit for purpose Treasury Management Strategy, timely updates on Credit ratings and counterparties listing of financial institutions. Just to name a few of specific expertise required.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-32af4c97-17b1-4e43-be1c-b456932aa6fc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9d1f439c-1fe9-43dd-b96f-7af55b20758d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - 2 Quote Exercise
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
£25,000 Under £100K
Lots Value
Not specified
Awards Value
£28,200 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jan 20242 years ago
Submission Deadline
11 Aug 2023Expired
Future Notice Date
Not specified
Award Date
13 Sep 20232 years ago
Contract Period
1 Nov 2023 - 31 Oct 2026 3-4 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
ST ALBANS CITY & DISTRICT
Contact Name
John Patrick
Contact Email
procurement@stalbans.gov.uk
Contact Phone
01727819306

Buyer Location

Locality
ST ALBANS
Postcode
AL1 3JE
Post Town
St Albans
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH27 South West Hertfordshire
Delivery Location
TLJ South East (England)

Local Authority
St Albans
Electoral Ward
St Peters
Westminster Constituency
St Albans

Supplier Information

Number of Suppliers
1
Supplier Name

LINK TREASURY SERVICES

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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