Tender

Treasury Management Advice Service

LONDON BOROUGH OF SUTTON

This public procurement record has 1 release in its history.

Tender

12 Feb 2018 at 13:47

Tender Notice
Summary of the contracting process

The London Borough of Sutton has initiated a public procurement process for a Treasury Management Advice Service, classified under treasury services. This open tender is currently in the active stage, with the deadline for submission set for Monday, 5th March 2018, at 10:00 am. The contract is expected to commence on 1st April 2018, lasting for three years with an option for extension for up to two additional years. Interested suppliers should register their interest via the London Tenders e-tendering portal, ensuring they are well-acquainted with the local and national guidelines relevant to this sector.

This tender presents a significant opportunity for businesses specialising in treasury management services, particularly those with experience in working with local councils and adherence to professional standards. As the procurement method is open, a diverse range of organisations, including SMEs, are encouraged to apply, thus fostering an inclusive bidding environment. Businesses focusing on creating jobs and training opportunities could particularly align with the Council's objectives, enhancing their chances of securing this contract.

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Notice Information

Notice Title

Treasury Management Advice Service

Notice Description

REQUEST FOR QUOTATION OPPORTUNITY TREASURY MANAGEMENT ADVICE SERVICE The London Borough of Sutton (The Council), a shared service with The Royal Borough of Kingston upon Thames is seeking quotations from suitably qualified organisations to provide a treasury management advice service in accordance with professional guidelines and standards and recognised best working practices. The supplier will need to have a good relationship with other councils, CIPFA, MHCLG, HM Treasury and approved ratings agencies. The contract will initially be for a period of three years commencing on 1 April 2018 with the option to extend the contract for a further two years, in twelve monthly intervals, at the sole discretion of the Council. The Council is tendering this quotation through the London Tenders e-tendering portal, our preferred method of advertising and managing contract opportunities. Prospective tenderers are advised to register their interest by going to https://www.londontenders.org/procontract/supplier.nsf. The Council currently contracts with a diverse group of voluntary, statutory and private sector providers and encourages a range of organisations, regardless of size, to apply for the provision of this service. We are committed to creating jobs and training opportunities though our supply chain. The Council shall not be bound to accept the lowest cost or any quotation. The award of the contract shall be based on the most economically advantageous quotation submitted. Deadline for submission of a completed Quotation Questionnaire is Monday, 5th March 2018 at 10:00 am.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5e35fcda-acc6-43e1-b1fd-9364087972bb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ddce92f6-459f-46f6-8cda-680f13e3e75b
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66600000 - Treasury services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Feb 20188 years ago
Submission Deadline
5 Mar 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2018 - 31 Mar 2021 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF SUTTON
Contact Name
Lisa Doswell
Contact Email
lisa.doswell@sutton.gov.uk
Contact Phone
+44 2087705354

Buyer Location

Locality
SUTTON
Postcode
SM1 1EA
Post Town
Sutton
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
Delivery Location
TLI London
Local Authority
Sutton
Electoral Ward
Sutton Central
Westminster Constituency
Sutton and Cheam

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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