Award

GLA Treasury Advisory services

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

30 Apr 2024 at 12:09

Award Notice
Summary of the contracting process

The Transport for London has awarded a contract for GLA Treasury Advisory services to LINK TREASURY SERVICES LIMITED. The tender had a limited procurement method with a competitive quotation below threshold. The contract's value is £132,500, and its contract period is from April 1, 2024, to April 1, 2029. The procurement process concluded with the award on April 11, 2024.

This contract for Treasury Advisory Services provides opportunities for businesses in the financial consultancy and services sector to engage with Transport for London. Small and medium enterprises (SMEs) may find this tender particularly suitable for bidding. Businesses located in London, UK, with expertise in financial regulatory advisory services could benefit from competing for this contract.

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Notice Information

Notice Title

GLA Treasury Advisory services

Notice Description

The requirement is for Treasury Advisory Services. The main elements of the treasury advisory services are: 1.The provision of relevant financial, technical, and regulatory information for the discharge of the GLA's treasury function and shared service 2. The provision of advice to the GLA's shared service participants, collectively and individually, as an independent check on the GLA's treasury function and shared service 3. The provision of commentary to LTLF's investors collectively, as an independent check on LTLF's activities

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a9f2a019-41b6-4d33-8b7f-b7d355cf3755
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7d96ffb9-5c98-4343-8867-fb97f96ba3ce
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£132,500 £100K-£500K
Lots Value
Not specified
Awards Value
£132,500 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Apr 20241 years ago
Submission Deadline
1 Mar 2024Expired
Future Notice Date
Not specified
Award Date
10 Apr 20241 years ago
Contract Period
31 Mar 2024 - 1 Apr 2029 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
TRANSPORT FOR LONDON
Contact Name
Naura Ogbe
Contact Email
nauraogbe@tfl.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

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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