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Treasury Management Specialist Advice

ASHFORD BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

16 Jun 2026 at 11:31

Award Notice
Tender

10 Jan 2025 at 16:39

Tender Notice
Summary of the contracting process

Ashford Borough Council has recently completed the award stage of its procurement process for Treasury Management Specialist Advice services, aimed at enhancing their financial strategies and practices. This falls under the Financial and Insurance Services industry category and includes providing investment advice, economic forecasts, and updates on political changes, among other services. The procurement was conducted using an open procedure and awarded to MUFG Corporate Markets Treasury Limited. The contract commenced on 1st April 2026 and will run until 1st April 2032, with the total award value amounting to £156,100 GBP. The services will support Ashford's financial operations and are based in Ashford, England.

This procurement presents substantial opportunities for businesses in the financial advisory sector to expand their portfolio. SMEs and VCSEs are particularly well-suited to engage in such tenders, given the open procurement method that encourages diverse participation. Companies offering specialist advice in treasury management, investment strategy, and economic forecasting can find ample avenues for growth, as involvement in such contracts can position a firm as a key player in public sector financial management. The project duration and scope ensure sustained engagement, making it a significant prospect for businesses looking to reinforce their market presence locally.

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Notice Information

Notice Title

Treasury Management Specialist Advice

Notice Description

TREASURY/25/1 Ashford Borough Council is looking to procure Treasury Management Specialist Advice Services. The services will cover; 4.1.1 providing investment advice; 4.1.2 providing interest rate and economic forecasts and assistance for the formulation of an in house investment strategy; 4.1.3 identify a client manager who will facilitate regular strategy meetings and act as a key point of contact with the Council; 4.1.4 pro active updates on economic and political changes that may require modification to investment strategies; 4.1.5 advice on the Council's Annual Investment Strategy; 4.1.6 advice/alerts on counterparty creditworthiness, including updates on changes in ratings; 4.1.7 provision of suitable Local Authority (LA) treasury templates and advice on maintaining: 4.1.8 determination of and assistance with Prudential Indicators; 4.1.9 provision of advice on preparation of the annual Statement of Accounts with reference to treasury management/ financial instrument items advised by the Chartered Institute of Public Finance and Accountancy (CIPFA) Code; 4.1.10 assistance in technical discussions with auditors; 4.1.11 advice on technical issues, capital finance and accounting advice; 4.1.12 at least two places at each of the Tenderer's usual seminars, training courses, workshops and treasury strategy meetings; 4.1.13 capital finance and accounting advice to reflect best practice and changes in statutes, regulations and accounting rules appropriate to a local authority; 4.1.14 advice on leasing; 4.1.15 benchmarking information and analysis quarterly; 4.1.16 practical support in monitoring treasury management performance/practices; 4.1.17 advice on debt management, scheduling, borrowing strategy and movement in Public Works Loan Board (PWLB) rates; 4.1.18 assistance in any technical discussion with internal and external auditors on treasury management/financial instruments and related accounting advice if necessary; 4.1.19 website access to any dedicated area applicable to local authorities. 4.1.20 attendance (virtual or in person) to present to members of the Council (usually annually) to give insight into the Council's Treasury Management Activity. Procurement documentation can be accessed via the Kent Business Portal https://www.kentbusinessportal.org.uk/

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5184d86a-f69c-43e2-80ee-fe5e760e6d55
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6432652e-01e2-421f-813b-279e92dfd9f1
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 (above threshold)
Tender Suitability
SME, VCSE
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
£245,000 £100K-£500K
Lots Value
Not specified
Awards Value
£156,100 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jun 20261 weeks ago
Submission Deadline
10 Feb 2025Expired
Future Notice Date
Not specified
Award Date
9 Jun 20262 weeks ago
Contract Period
31 Mar 2026 - 1 Apr 2032 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
ASHFORD BOROUGH 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
ASHFORD
Postcode
TN23 1HU
Post Town
Tonbridge
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ45 Mid Kent
Delivery Location
Not specified
Local Authority
Ashford
Electoral Ward
Victoria
Westminster Constituency
Ashford

Supplier Information

Number of Suppliers
1
Supplier Name

MUFG CORPORATE MARKETS TREASURY

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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