Award

Treasury Management Consultancy Services

WELLAND PROCUREMENT UNIT

This public procurement record has 1 release in its history.

Award

27 Jan 2025 at 13:43

Summary of the contracting process

Rutland County Council, represented by the Welland Procurement Unit, has awarded a contract for Treasury Management Consultancy Services within the industry category of Treasury Services (CPV code: 66600000). The procurement was completed using a selective method through a call-off from a framework agreement. The contract, valued at £75,520, will commence on 1 April 2024 and conclude on 31 March 2029. The designated delivery location is Rutland, LE15 6HP, England. Key dates included the tender period ending on 1 March 2024 and the contract awarded to Link Treasury Services Limited, a large-scale supplier based in London, UK.

This tender provides significant business growth opportunities, especially for established large-scale consultancy firms specialising in financial advisory services. The contract's long-term nature, spanning five years, offers sustained revenue and the potential to foster a long-term partnership with Rutland County Council. Businesses adept in delivering high-quality treasury management advice and looking to expand their portfolio with public sector clients would find this contract highly suitable. The procurement process aligns well with organisations familiar with working under framework agreements, ensuring streamlined and efficient service delivery.

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Notice Title

Treasury Management Consultancy Services

Notice Description

Treasury Management advice

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c01c9b29-0518-4775-8856-df980380d313
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/467c5da1-bcd6-463e-a546-760c04e6f7d6
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66600000 - Treasury services

Notice Value(s)

Tender Value
£75,520 Under £100K
Lots Value
Not specified
Awards Value
£75,520 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jan 20251 years ago
Submission Deadline
1 Mar 2024Expired
Future Notice Date
Not specified
Award Date
31 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2029 Over 5 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
WELLAND PROCUREMENT UNIT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
OAKHAM
Postcode
LE15 6HP
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF22 Leicestershire CC and Rutland
Delivery Location
Not specified

Local Authority
Rutland
Electoral Ward
Oakham South
Westminster Constituency
Rutland and Stamford

Supplier Information

Number of Suppliers
1
Supplier Name

LINK TREASURY SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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