Award

Contract for the provision of Treasury Management Services

NORTHUMBERLAND COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

29 Sep 2021 at 06:58

Award Notice
Tender

15 Jun 2021 at 13:41

Tender Notice
Summary of the contracting process

Northumberland County Council has completed a procurement process for a contract entitled "Contract for the provision of Treasury Management Services." This tender falls under the services industry category, specifically focused on treasury services, with a contract value of £77,000. The procurement method employed was an open procedure, with the tender period concluding on 14th July 2021. The contract commenced on 1st August 2021 and is set to run until 31st July 2024. The primary location for the delivery of services is in the United Kingdom.

This opportunity presents significant growth potential for small and medium-sized enterprises (SMEs) particularly those specialising in financial services, consultancy, or treasury management. Businesses that can demonstrate expertise in compliance with the CIPFA Code of Practice on Treasury Management in the Public Services would be well-positioned to compete. Companies aiming to partner with local authorities to add value to public sector financial management should consider exploring this contract as a gateway to expand their portfolio and foster long-term relationships with government entities.

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Notice Information

Notice Title

Contract for the provision of Treasury Management Services

Notice Description

Tenders are invited by Northumberland County Council from bidders to provide Treasury Management Service. The work undertaken on behalf of the Council is to add value to its treasury management, and ensure that the Council complies with the CIPFA Code of Practice on Treasury Management in the Public Services. Further details of the Contracting Authority's requirements under the Contract and other relevant information are detailed in the Specification at Schedule 2.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-51453fd8-7afc-4a3c-aa9d-f0f5aa1aa983
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/66a9cd53-576c-4e74-98d5-6137240ddddd
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
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
£77,000 Under £100K
Lots Value
Not specified
Awards Value
£77,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Sep 20214 years ago
Submission Deadline
14 Jul 2021Expired
Future Notice Date
Not specified
Award Date
11 Aug 20214 years ago
Contract Period
20 Aug 2021 - 20 Aug 2024 3-4 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
NORTHUMBERLAND COUNTY 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
MORPETH
Postcode
NE61 2EF
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC42 Northumberland
Delivery Location
Not specified
Local Authority
Northumberland
Electoral Ward
Morpeth Kirkhill
Westminster Constituency
North Northumberland

Supplier Information

Number of Suppliers
1
Supplier Name

LINK ASSET 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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