Award

ESPO 664_17; Lot 2g - Further Competition - Treasury Advisory Services

KINGSTON-UPON-HULL CITY COUNCIL

This public procurement record has 1 release in its history.

Award

03 Apr 2019 at 12:08

Award Notice
Summary of the contracting process

The Kingston-Upon-Hull City Council has concluded the procurement process for "ESPO 664_17; Lot 2g - Further Competition - Treasury Advisory Services," awarded on 3rd January 2019. This procurement is classified under the Treasury services industry and took place in the Yorkshire and the Humber region. The contract, valued at £30,750, is set to run for two years from 7th January 2019 to 6th January 2021, with an option for a 12-month extension. The procurement method employed was selective, involving a call-off from a framework agreement, and the tender period ended on 26th November 2018.

This contract presents an excellent opportunity for businesses specialising in consultancy services relating to treasury management and investment strategies. Companies that can provide expert advice on investment reviews, risk management, and structuring investment strategies would be particularly well-suited to compete for such tenders. Small and medium-sized enterprises (SMEs) are especially encouraged to participate, as they can bring innovative solutions to the financial advisory needs of public organisations like Kingston-Upon-Hull City Council.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

ESPO 664_17; Lot 2g - Further Competition - Treasury Advisory Services

Notice Description

After utilising a Further Competition exercise Hull City Council have awarded a contract via the ESPO 664_17 Lot 2g; Consultancy Services Framework. For a 2 year period with the option to extend for up to a further 12 months. Breath description of contract - The Customer's Corporate Finance Team requires a Consultancy Advisory Service for Treasury Management and Investment Services, to provide advice on such issues as Investment reviews and strategies, market conditions, treasury management risks and any other related matters. The Customer considers that in all circumstances that the contractor act in the best financial interests of the Customer and offers guidance when required. We will require the contractor to help the Customer find ways to improve investment returns without risk to the Customer and also provide information on suitable investment products and assistance on how to structure an appropriate investment strategy.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-89354cee-2fe1-43af-a2a1-d9d89add360c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7c1bb0c8-6abb-4b39-bce6-78d437ce16de
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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
£30,750 Under £100K
Lots Value
Not specified
Awards Value
£30,750 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Apr 20196 years ago
Submission Deadline
26 Nov 2018Expired
Future Notice Date
Not specified
Award Date
3 Jan 20197 years ago
Contract Period
7 Jan 2019 - 6 Jan 2021 2-3 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
KINGSTON-UPON-HULL CITY COUNCIL
Contact Name
Simon Bugg
Contact Email
simon.bugg@hullcc.gov.uk
Contact Phone
01482 615117

Buyer Location

Locality
HULL
Postcode
HU1 2AA
Post Town
Hull
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE11 Kingston upon Hull, City of
Delivery Location
TLE Yorkshire and The Humber
Local Authority
Kingston upon Hull, City of
Electoral Ward
St Andrew's & Docklands
Westminster Constituency
Kingston upon Hull West and Haltemprice

Supplier Information

Number of Suppliers
1
Supplier Name

LINK ASSET SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-89354cee-2fe1-43af-a2a1-d9d89add360c-2019-04-03T13:08:30+01:00",
    "date": "2019-04-03T13:08:30+01:00",
    "ocid": "ocds-b5fd17-89354cee-2fe1-43af-a2a1-d9d89add360c",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "DN374869",
        "title": "ESPO 664_17; Lot 2g - Further Competition - Treasury Advisory Services",
        "description": "After utilising a Further Competition exercise Hull City Council have awarded a contract via the ESPO 664_17 Lot 2g; Consultancy Services Framework. For a 2 year period with the option to extend for up to a further 12 months. Breath description of contract - The Customer's Corporate Finance Team requires a Consultancy Advisory Service for Treasury Management and Investment Services, to provide advice on such issues as Investment reviews and strategies, market conditions, treasury management risks and any other related matters. The Customer considers that in all circumstances that the contractor act in the best financial interests of the Customer and offers guidance when required. We will require the contractor to help the Customer find ways to improve investment returns without risk to the Customer and also provide information on suitable investment products and assistance on how to structure an appropriate investment strategy.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66600000",
            "description": "Treasury services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "Yorkshire and the Humber",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 30750,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2018-11-26T23:59:59Z"
        },
        "contractPeriod": {
            "startDate": "2019-01-07T00:00:00Z",
            "endDate": "2021-01-06T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/Cjfe2863",
            "name": "KINGSTON-UPON-HULL CITY COUNCIL",
            "identifier": {
                "legalName": "KINGSTON-UPON-HULL CITY COUNCIL",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/Cjfe2863"
            },
            "address": {
                "streetAddress": "Guildhall,Alfred Gelder St",
                "locality": "HULL",
                "postalCode": "HU12AA",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Simon Bugg",
                "email": "simon.bugg@hullcc.gov.uk",
                "telephone": "01482 615117"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-2652033",
            "name": "Link Asset Services Ltd",
            "identifier": {
                "legalName": "Link Asset Services Ltd",
                "scheme": "GB-COH",
                "id": "2652033"
            },
            "address": {
                "streetAddress": "65 Gresham Street London EC1V 7NQ"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/Cjfe2863",
        "name": "KINGSTON-UPON-HULL CITY COUNCIL"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-89354cee-2fe1-43af-a2a1-d9d89add360c-1",
            "status": "active",
            "date": "2019-01-03T00:00:00Z",
            "datePublished": "2019-04-03T13:08:30+01:00",
            "value": {
                "amount": 30750,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-2652033",
                    "name": "Link Asset Services Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2019-01-07T00:00:00Z",
                "endDate": "2021-01-06T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/7c1bb0c8-6abb-4b39-bce6-78d437ce16de",
                    "datePublished": "2019-04-03T13:08:30+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}