Award

The Provision of a Treasury Management Advisory Service

HUNTINGDONSHIRE DISTRICT COUNCIL

This public procurement record has 2 releases in its history.

Award

24 Feb 2023 at 10:48

Tender

18 Nov 2022 at 16:19

Summary of the contracting process

The Huntingdonshire District Council has awarded a contract for "The Provision of a Treasury Management Advisory Service" to Link Treasury Services Limited. The contract, valued at £34,050, has a contract period starting on February 27, 2023, and ending on February 26, 2026. The procurement stage was an open procedure, with a tender period ending on December 15, 2022. The contract is in the services category and is suitable for SMEs. The buying organisation is the Huntingdonshire District Council, located in HUNTINGDON, England.

This tender for Treasury Management & Investment advice offers opportunities for businesses experienced in financial and insurance services, particularly those providing Treasury services. Small and medium enterprises (SMEs) would find this tender well-suited for growth opportunities. The procurement method of an open procedure allows for fair competition in providing services related to investment advice, credit risk management, and other treasury-related functions as described in the contract requirements.

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.

Notice Title

The Provision of a Treasury Management Advisory Service

Notice Description

The Council is letting a contract for the provision of Treasury Management & Investment advice from qualified advisors, with the experience in local government Treasury Management. Summary of the Requirement The main requirements of the contract are:- Advice required on areas including, investment advice, credit risk management, strategic advice, technical advice, prudential indicators, economic updates, performing monitoring and all reporting relevant to the council.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bbb11296-5805-4ec2-ac15-b32582b74e65
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dccf4133-2c5b-4b46-827d-6a46ddcb8123
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

66000000 - Financial and insurance services

66600000 - Treasury services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£34,050 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Feb 20233 years ago
Submission Deadline
15 Dec 2022Expired
Future Notice Date
Not specified
Award Date
20 Feb 20233 years ago
Contract Period
27 Feb 2023 - 26 Feb 2026 3-4 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
HUNTINGDONSHIRE 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
HUNTINGDON
Postcode
PE29 3TN
Post Town
Peterborough
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
Not specified

Local Authority
Huntingdonshire
Electoral Ward
Huntingdon North
Westminster Constituency
Huntingdon

Supplier Information

Number of Suppliers
1
Supplier Name

LINK TREASURY SERVICES

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-bbb11296-5805-4ec2-ac15-b32582b74e65-2023-02-24T10:48:26Z",
    "date": "2023-02-24T10:48:26Z",
    "ocid": "ocds-b5fd17-bbb11296-5805-4ec2-ac15-b32582b74e65",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CAMBDC001-DN643851-99712488",
        "title": "The Provision of a Treasury Management Advisory Service",
        "description": "The Council is letting a contract for the provision of Treasury Management & Investment advice from qualified advisors, with the experience in local government Treasury Management. Summary of the Requirement The main requirements of the contract are:- Advice required on areas including, investment advice, credit risk management, strategic advice, technical advice, prudential indicators, economic updates, performing monitoring and all reporting relevant to the council.",
        "datePublished": "2022-11-18T16:19:27Z",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "66600000",
                "description": "Treasury services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "PE29 3TN"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "postalCode": "PE29 3TN"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 90000,
            "currency": "GBP"
        },
        "value": {
            "amount": 100000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2022-12-15T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2023-01-09T00:00:00Z",
            "endDate": "2026-01-08T23:59:59Z"
        },
        "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/84ba424e-f911-4f02-be4d-11ee9b6e32cc",
                "datePublished": "2022-11-18T16:19:27Z",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "description": "Advert",
                "url": "https://procontract.due-north.com/Advert?advertId=a35e6571-5b67-ed11-811b-9f38301b3091"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-192307",
            "name": "Huntingdonshire District Council",
            "identifier": {
                "legalName": "Huntingdonshire District Council"
            },
            "address": {
                "streetAddress": "Pathfinder House, St Marys Street",
                "locality": "HUNTINGDON",
                "postalCode": "PE29 3TN",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "SARAH LOUISE YOUTHED",
                "email": "Sarah.youthed@huntingdonshire.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-236765",
            "name": "Link Treasury Services Limited",
            "identifier": {
                "legalName": "Link Treasury Services Limited"
            },
            "address": {
                "streetAddress": "6th floor 65 Gresham Street London EC2V 7NQ"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-192307",
        "name": "Huntingdonshire District Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-bbb11296-5805-4ec2-ac15-b32582b74e65-1",
            "status": "active",
            "date": "2023-02-20T00:00:00Z",
            "datePublished": "2023-02-24T10:48:26Z",
            "value": {
                "amount": 34050,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-236765",
                    "name": "Link Treasury Services Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-02-27T00:00:00Z",
                "endDate": "2026-02-26T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/dccf4133-2c5b-4b46-827d-6a46ddcb8123",
                    "datePublished": "2023-02-24T10:48:26Z",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "description": "Advert",
                    "url": "https://procontract.due-north.com/Advert?advertId=a35e6571-5b67-ed11-811b-9f38301b3091"
                }
            ]
        }
    ]
}