Tender

GB-Luton: Treasury Management System

ALDWYCK HOUSING GROUP

This public procurement record has 2 releases in its history.

TenderAmendment

22 Dec 2017 at 12:39

Tender Notice
Tender

22 Dec 2017 at 12:27

Tender Notice
Summary of the contracting process

The Aldwyck Housing Group is seeking a supplier for a Treasury Management System to enhance its financial operations in Luton, East of England. The tender is currently in the active stage and will close for submissions on 19 January 2018. The contract is valued at £50,000, with a minimum bid threshold of £25,000, and it falls under the services category, specifically focusing on industry-specific software packages and treasury services. The successful bidder will be expected to commence the contract on 2 April 2018 and maintain services until 31 March 2023.

This tender presents an excellent opportunity for small and medium enterprises (SMEs) specialising in financial technology and treasury services. Businesses that can provide innovative software solutions capable of real-time data processing and risk scenario modelling will find this contract particularly appealing. Competing firms should be prepared to demonstrate their ability to deliver efficiencies and improved information quality in line with the Aldwyck Housing Group's strategic goals amidst the changing economic landscape.

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Notice Information

Notice Title

GB-Luton: Treasury Management System

Notice Description

NOTE: This notice was updated on 22 December 2017 for the following reason: Access Code: 85R2UZVW2BThe Corporate Finance team is responsible for managing a loan portfolio of PS426m across 7 different counterparties supported by PS574m worth of assets with interest costs of Circa PS20m per annum. Aldwyck housing group has also entered into various complex hedging arrangements with 4 other counterparties which is supported by a further PS91m of assets. With a changing economic environment and risks associated with Brexit, we live in a time of great uncertainty and risk. The implementation of a new treasury management system fits in with the strategic goals and ambition to provide better quality of information to our executives and board, build in efficiencies and resilience. The system will give us the additional capability for modelling various risk scenarios (involving MtM, covenant breach, interest and inflation rates), streamline internal processes, get real time market data, remove dependencies on individuals and errors associated with manual processes. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-717d904e-0314-46eb-9580-4d9750c44fdd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0082959f-1b3a-411e-8af6-96205c8af474
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

48 - Software package and information systems

66 - Financial and insurance services

CPV Codes

48100000 - Industry specific software package

66600000 - Treasury services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Dec 20178 years ago
Submission Deadline
19 Jan 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Apr 2018 - 31 Mar 2023 4-5 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
ALDWYCK HOUSING GROUP
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DUNSTABLE
Postcode
LU5 5UZ
Post Town
Luton
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH25 Central Bedfordshire
Delivery Location
Not specified
Local Authority
Central Bedfordshire
Electoral Ward
Houghton Regis West
Westminster Constituency
Dunstable and Leighton Buzzard

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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