Award

Treasury Management Advice

SOUTHLAKELAND DISTRICT COUNCIL

This public procurement record has 2 releases in its history.

AwardUpdate

30 Nov 2017 at 12:23

Award Notice
Award

30 Nov 2017 at 12:05

Award Notice
Summary of the contracting process

South Lakeland District Council is seeking tenders for "Treasury Management Advice" as part of an open procurement process. The contract, with a total value capped at £50,000 for a duration of five years, is aimed at services in the financial and insurance sector. The tender period concluded on 10th November 2017, and the contract is set to commence on 1st April 2018, extending until 31st March 2023, with an optional two-year extension. Interested parties were required to submit their proposals through The Chest, and a full description of the services sought includes various aspects of treasury management such as investment and debt portfolio advice.

This opportunity is particularly suitable for small and medium-sized enterprises (SMEs) specialising in financial services, especially those with expertise in treasury management, investment advice, and economic forecasting. Given the contract's open nature, businesses that can effectively deliver comprehensive financial management services may find a significant opportunity for growth. The successful bidder will benefit from a stable three-year contract with the potential for extension, thus providing an avenue for sustained engagement and revenue generation within the public sector.

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Notice Information

Notice Title

Treasury Management Advice

Notice Description

South Lakeland District Council is inviting tenders for "Treasury Management Advice" covering:- Counterparty Credit Assessment; Investment Advice; Technical Advice; Debt Portfolio Management and Capital Financing; Year End Valuations of investments; Economic and Interest Rate Forecasting. The contract term is three years with an optional extension of up to two years. Please note: The total contract value is capped at PS50k for the five year period. Bids received exceeding this value will be deemed to be non-compliant and excluded. All expressions of interest, submission and clarification questions must be submitted via the Chest (www.the-chest.org.uk.). Submission Deadline is 7pm on 10/ 11/17. Please note the Proactis Support line closes at 5.30pm, so should you encounter any problems after this time you will be unable to log them.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8911177e-af2b-478d-be77-4321c4430768
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/67ac7cfa-58b0-4f12-9bff-fe7be13ae617
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£41,875 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Nov 20178 years ago
Submission Deadline
10 Nov 2017Expired
Future Notice Date
Not specified
Award Date
4 Oct 20178 years ago
Contract Period
31 Mar 2018 - 31 Mar 2023 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
SOUTHLAKELAND DISTRICT 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
KENDAL
Postcode
LA9 4DQ
Post Town
Lancaster
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD14 Westmorland and Furness
Delivery Location
TLD North West (England)
Local Authority
Westmorland and Furness
Electoral Ward
Kendal Strickland and Fell
Westminster Constituency
Westmorland and Lonsdale

Supplier Information

Number of Suppliers
1
Supplier Name

LINK TREASURY 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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