Award

Treasury management consultancy services

LONDON BOROUGH OF MERTON

This public procurement record has 1 release in its history.

Award

20 Jan 2021 at 11:32

Summary of the contracting process

The London Borough of Merton is procuring treasury management consultancy services with a contract value of £65,000. This procurement is in the award stage, having been awarded to Link Asset Services Limited on 20th January 2021, with the contract commencing from 1st February 2021 and running until 31st January 2024. The services, which focus on financial management consultancy, will support the Council with investment trends and their strategic implications, particularly in the context of the economic and financial environment.

This tender represents a valuable opportunity for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) specialising in financial consultancy. Participating businesses should be adept in analyzing market trends and providing comprehensive investment advice, as well as in delivering ongoing portfolio monitoring and reporting. Companies with expertise in managing financial risks and optimizing investment strategies would be particularly well-suited to compete for similar contracts in this sector.

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Notice Title

Treasury management consultancy services

Notice Description

The contractor will offer advice on investment trends, developments and opportunities consistent with the Council's chosen strategy. These should include: * Specific market trends and opportunities. * Advising early on, whether investments should be used for debt redemption * Monthly reports illustrating that the consultancy have monitored and analysed our portfolio. * Priorities being security, followed by liquidity, followed by yield. The contractor will take into consideration the latest economic and financial environment which may impact on the Council's borrowing and investment strategies.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b10c18e9-dfae-4dbe-b6fd-d606d5d5973a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8824e329-151a-48fe-91f5-002e24bf405f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not applicable
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66600000 - Treasury services

79412000 - Financial management consultancy services

Notice Value(s)

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

Notice Dates

Publication Date
20 Jan 20215 years ago
Submission Deadline
23 Dec 2020Expired
Future Notice Date
Not specified
Award Date
20 Jan 20215 years ago
Contract Period
1 Feb 2021 - 31 Jan 2024 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF MERTON
Contact Name
Tom Davis
Contact Email
tom.davis@merton.gov.uk
Contact Phone
+44 2082745215

Buyer Location

Locality
MORDEN
Postcode
SM4 5DX
Post Town
Sutton
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
Delivery Location
TLI London

Local Authority
Merton
Electoral Ward
Merton Park
Westminster Constituency
Wimbledon

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

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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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