Award

Treasury Management Advice and Consultancy Service

TEES VALLEY COMBINED AUTHORITY

This public procurement record has 2 releases in its history.

AwardUpdate

06 Feb 2026 at 13:53

Award Notice
Award

07 Mar 2023 at 15:44

Award Notice
Summary of the contracting process

The procurement process conducted by the Tees Valley Combined Authority involved the provision of a Treasury Management Advice and Consultancy Service, classified under Financial and Insurance Services (CPV code 66000000). The contract, awarded to Arlingclose Limited, was aimed at assisting the Combined Authorities finance team in compliance with relevant codes of practice. It encompasses the North East region of the United Kingdom and has been completed with the award status updated in February 2026. The contract, initially published with a value of £48,000, saw an increase to £65,731 to maintain continuity until 1st January 2027. The procurement followed a limited method through competitive quotation below the threshold, with the contract period running from 1st January 2023 to 1st January 2027, marking the transition from the award stage.

This tender offers significant opportunities for growth in businesses that specialise in financial consultancy, particularly those capable of providing strategic advice in treasury management and compliance with CIPFA guidelines. Small to medium enterprises (SMEs) that are proficient in offering services within the financial sector would find this type of contract advantageous, given its modest scope and specification for SME suitability. The engagement duration and the financial framework present a solid growth potential for businesses looking to establish or expand their footprint in public sector financial consultancy. As such, firms accustomed to working with government entities and possessing a strong compliance track record would be highly competitive for such contracts.

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Notice Information

Notice Title

Treasury Management Advice and Consultancy Service

Notice Description

The Combined Authority is seeking to appoint a Treasury Management Adviser who will work with the Combined Authorities finance team and our outsourced treasury management team to assist in complying with the CIPFA Prudential Code and Treasury Management Code of Practice on Treasury Management and the CIPFA Code of Practice on Local Authority Accounting. Contract modified February 2026 to increase contract value to PS65,731.00 to maintain continuity of service until 01/01/2027.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4de37913-2cf9-4405-8dfd-3d2483a33a06
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/95859bbb-98f3-4f65-9eaa-9e2f682ddf71
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

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£65,731 Under £100K
Lots Value
Not specified
Awards Value
£65,731 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Feb 20262 weeks ago
Submission Deadline
6 Dec 2022Expired
Future Notice Date
Not specified
Award Date
15 Dec 20223 years ago
Contract Period
1 Jan 2023 - 1 Jan 2027 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
TEES VALLEY COMBINED AUTHORITY
Contact Name
Karen Kreczak
Contact Email
karen.kreczak@teesworks.co.uk
Contact Phone
07719079346

Buyer Location

Locality
DARLINGTON
Postcode
DL2 1NJ
Post Town
Darlington
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC33 Darlington
Delivery Location
TLC North East (England)
Local Authority
Darlington
Electoral Ward
Sadberge & Middleton St George
Westminster Constituency
Stockton West

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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