Award

Treasury Management Advice

ISLE OF WIGHT COUNCIL

This public procurement record has 1 release in its history.

Award

30 Jan 2025 at 18:11

Award Notice
Summary of the contracting process

The Isle of Wight Council has completed a procurement process for Treasury Management Advice, classified under the industry category of Treasury services (CPV: 66600000). This tender invited professional advisory services for the period from 1 June 2024 to 31 May 2025, with an extension option until 31 May 2026. The procurement method was direct award, and the contract was awarded to Arlingclose Limited. Key dates include the end of the tender period on 8 October 2024 and the start of the contract on 6 November 2024, running until 31 May 2025. The services are to be delivered in the South East region of the United Kingdom with a contract value of GBP 55,848.

This tender presents a significant opportunity for businesses that provide treasury management advisory services, particularly those that can offer professional and comprehensive financial advice. Small and medium-sized enterprises (SMEs) may find this contract especially attractive as it is suitable for them, even though it is not VCSE-specific. Competing for such contracts can help businesses establish or solidify their presence in the public sector market, potentially leading to further opportunities and growth.

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Notice Information

Notice Title

Treasury Management Advice

Notice Description

Provision of professional treasury management advisory services. From 1 June 2024 until 31 May 2025 with the option to extend for a further 12 months until 31 May 2026.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6999db69-2268-45b0-9f93-e48dab253418
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2230a76d-80da-444c-8fa5-a178947ebd49
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66600000 - Treasury services

Notice Value(s)

Tender Value
£55,848 Under £100K
Lots Value
Not specified
Awards Value
£55,848 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jan 20251 years ago
Submission Deadline
8 Oct 2024Expired
Future Notice Date
Not specified
Award Date
5 Nov 20241 years ago
Contract Period
6 Nov 2024 - 31 May 2025 6-12 months
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
ISLE OF WIGHT 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
NEWPORT
Postcode
PO30 1UD
Post Town
Portsmouth
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ34 Isle of Wight
Delivery Location
TLJ South East (England)
Local Authority
Isle of Wight
Electoral Ward
Newport Central
Westminster Constituency
Isle of Wight West

Supplier Information

Number of Suppliers
1
Supplier Name

ARLINGCLOSE

Further Information

Notice Documents

Notice URLs

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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