Award

PP17146 - Treasury Management

WOLVERHAMPTON CITY COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

08 Nov 2017 at 15:16

Award Notice
Tender

05 Oct 2017 at 10:25

Tender Notice
Summary of the contracting process

The City of Wolverhampton Council is currently in the award stage of the procurement process for a Treasury Management Service titled "PP17146 - Treasury Management". This contract has an estimated value of £90,000 and covers the provision of financial and insurance services in the West Midlands, UK. The initial contract period is set to begin on 1st January 2018 and extend for three years, with an option for two additional 12-month extensions. The tender period ended on 26th October 2017, with the contract award date recorded on 8th November 2017.

This tender represents a significant opportunity for businesses specialising in financial services, particularly those with experience in treasury management. Given the scale of the requirement and the substantial contract value, larger companies as well as established firms in the financial sector are well-suited to compete. The structured nature of the tender process, being an open procurement, offers fair competition, encouraging businesses that can demonstrate their capacity to provide the required services efficiently and effectively.

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Notice Information

Notice Title

PP17146 - Treasury Management

Notice Description

City of Wolverhampton Council requires a Treasury Management Service. The initial contract period will be for 3 years from 1st January 2018 with a possibility of 2 further extensions of 12 months each. All submissions must be made via the e-tendering portal at www.wolverhamptontenders.com Please ensure you allow sufficient time to submit your responses before the deadline.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-38488793-6d03-4bdf-8b54-56f3adc055bf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/128986ea-0103-42b2-83db-40970aa7465d
Current Stage
Award
All Stages
Tender, 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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
Not specified
Awards Value
£85,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Nov 20178 years ago
Submission Deadline
26 Oct 2017Expired
Future Notice Date
Not specified
Award Date
8 Nov 20178 years ago
Contract Period
1 Jan 2018 - 31 Dec 2022 Over 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
WOLVERHAMPTON 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
WOLVERHAMPTON
Postcode
WV1 1RL
Post Town
Wolverhampton
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG39 Wolverhampton
Delivery Location
TLG West Midlands (England)
Local Authority
Wolverhampton
Electoral Ward
St Peters
Westminster Constituency
Wolverhampton West

Supplier Information

Number of Suppliers
1
Supplier Name

THE LINK GROUP

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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