Award

Treasury Management Advisory Service 2022-25

FOLKESTONE AND HYTHE DISTRICT COUNCIL

This public procurement record has 2 releases in its history.

Award

08 Apr 2022 at 07:31

Award Notice
Tender

20 Dec 2021 at 09:44

Tender Notice
Summary of the contracting process

Folkestone and Hythe District Council is currently completing the procurement process for the "Treasury Management Advisory Service 2022-25". This contract falls under the "Treasury services" industry category and is located within the United Kingdom, specifically at the Civic Centre in Folkestone. The procurement method utilised is an open procedure, with the contract having commenced on 1 April 2022 and set to continue until 31 March 2025, including an option for extension of up to two years. The tender was published on 20 December 2021, and the tender period concluded on 4 February 2022.

This tender presents valuable opportunities for businesses, particularly those offering financial advisory services, to engage with a local council and expand their clientele. Small and medium enterprises (SMEs) are especially encouraged to participate, as this contract supports acknowledged suitability for such businesses. The nature of the service required could attract firms with expertise in treasury management, financial analysis, and public sector service provision, paving the way for long-term collaborations with the 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

Treasury Management Advisory Service 2022-25

Notice Description

Folkestone & Hythe District Council (F&HDC) wishes to select and appoint a suitable supplier for treasury management advisory service and invites organisations to submit a tender to meet F&HDC's requirements. The specific requirements for the above are detailed in the Specification at Appendix A. The contract is anticipated to start 1 April 2022 and continue for a period of 3 years (with the option to extend for a further period (or periods) of up to 2 years). Interested suppliers can visit the Kent Business Portal (www.kentbusinessportal.org.uk) and search current opportunities for DN588596. To tender you must complete and return the "Invitation to Tender Response Document" via the portal.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-919fcf1d-6a4d-4fd3-93c6-c6f29c12e6cd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e73d0500-eba2-4695-9c46-daef8ea85af1
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66600000 - Treasury services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£65,750 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Apr 20223 years ago
Submission Deadline
4 Feb 2022Expired
Future Notice Date
Not specified
Award Date
1 Mar 20223 years ago
Contract Period
31 Mar 2022 - 31 Mar 2025 3-4 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
FOLKESTONE AND HYTHE DISTRICT COUNCIL
Contact Name
Mhairi Richards
Contact Email
mhairi.richards@folkestone-hythe.gov.uk
Contact Phone
+44 1303853401

Buyer Location

Locality
FOLKESTONE
Postcode
CT20 2QY
Post Town
Canterbury
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ44 East Kent
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Folkestone and Hythe
Electoral Ward
Folkestone Central
Westminster Constituency
Folkestone and Hythe

Supplier Information

Number of Suppliers
1
Supplier Name

ARLINGCLOSE

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-b5fd17-919fcf1d-6a4d-4fd3-93c6-c6f29c12e6cd-2022-04-08T08:31:54+01:00",
    "date": "2022-04-08T08:31:54+01:00",
    "ocid": "ocds-b5fd17-919fcf1d-6a4d-4fd3-93c6-c6f29c12e6cd",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "SHEPWAY001-DN588596-90993760",
        "title": "Treasury Management Advisory Service 2022-25",
        "description": "Folkestone & Hythe District Council (F&HDC) wishes to select and appoint a suitable supplier for treasury management advisory service and invites organisations to submit a tender to meet F&HDC's requirements. The specific requirements for the above are detailed in the Specification at Appendix A. The contract is anticipated to start 1 April 2022 and continue for a period of 3 years (with the option to extend for a further period (or periods) of up to 2 years). Interested suppliers can visit the Kent Business Portal (www.kentbusinessportal.org.uk) and search current opportunities for DN588596. To tender you must complete and return the \"Invitation to Tender Response Document\" via the portal.",
        "datePublished": "2021-12-20T09:44:08Z",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66600000",
            "description": "Treasury services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 60000,
            "currency": "GBP"
        },
        "value": {
            "amount": 100000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2022-02-04T13:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2022-04-01T00:00:00+01:00",
            "endDate": "2025-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/aacb376b-016f-4fc7-aca0-8c207b62b0f3",
                "datePublished": "2021-12-20T09:44:08Z",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "description": "Express Interest on the Kent Business Portal",
                "url": "https://procontract.due-north.com/Advert?advertId=c829dc22-7861-ec11-8110-005056b64545"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-84980",
            "name": "Folkestone and Hythe District Council",
            "identifier": {
                "legalName": "Folkestone and Hythe District Council"
            },
            "address": {
                "streetAddress": "Civic Centre",
                "locality": "Folkestone",
                "postalCode": "CT20 2QY",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Mhairi Richards",
                "email": "mhairi.richards@folkestone-hythe.gov.uk",
                "telephone": "+44 1303853401"
            },
            "details": {
                "url": "https://www.folkestone-hythe.gov.uk/your-council/council-information/contracting"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-203741",
            "name": "Arlingclose Ltd",
            "identifier": {
                "legalName": "Arlingclose Ltd"
            },
            "address": {
                "streetAddress": "EC3R 7AE"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-84980",
        "name": "Folkestone and Hythe District Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-919fcf1d-6a4d-4fd3-93c6-c6f29c12e6cd-1",
            "status": "active",
            "date": "2022-03-01T00:00:00Z",
            "datePublished": "2022-04-08T08:31:54+01:00",
            "value": {
                "amount": 65750,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-203741",
                    "name": "Arlingclose Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-04-01T00:00:00+01:00",
                "endDate": "2025-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/e73d0500-eba2-4695-9c46-daef8ea85af1",
                    "datePublished": "2022-04-08T08:31:54+01:00",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "description": "Express Interest on the Kent Business Portal",
                    "url": "https://procontract.due-north.com/Advert?advertId=c829dc22-7861-ec11-8110-005056b64545"
                }
            ]
        }
    ]
}