Award

Treasury Management Advice

SOUTH LAKELAND DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

28 Feb 2018 at 15:51

Award Notice
Summary of the contracting process

South Lakeland District Council is conducting a tender for "Treasury Management Advice" in the financial and insurance services sector. The procurement process, currently at the award stage, involves a contract that spans three years with an option for a two-year extension, valued at £50,000 over five years. The submission deadline for bids was 7pm on 10 November 2017, with the contract set to commence on 1 April 2018 and conclude on 31 March 2023. The primary location for this service is the North West region of the United Kingdom.

This tender represents significant opportunities for small and medium-sized enterprises (SMEs) specialising in financial consultancy, particularly those with expertise in counterparty credit assessment, investment and debt portfolio management. Businesses offering technical advice and economic forecasting services would be particularly well-suited to compete for this contract, given the specified requirements and the financial cap on bids. Engaging with South Lakeland District Council could enhance business growth in an evolving public sector landscape.

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Notice Information

Notice Title

Treasury Management Advice

Notice Description

South Lakeland District Council is inviting tenders for "Treasury Management Advice" covering:- Counterparty Credit Assessment; Investment Advice; Technical Advice; Debt Portfolio Management and Capital Financing; Year End Valuations of investments; Economic and Interest Rate Forecasting. The contract term is three years with an optional extension of up to two years. Please note: The total contract value is capped at PS50k for the five year period. Bids received exceeding this value will be deemed to be non-compliant and excluded. All expressions of interest, submission and clarification questions must be submitted via the Chest (www.the-chest.org.uk.). Submission Deadline is 7pm on 10/ 11/17. Please note the Proactis Support line closes at 5.30pm, so should you encounter any problems after this time you will be unable to log them.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dc6b2c0d-0ae3-487c-9e86-5312b1d3d10c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ccca3967-074a-443a-9884-34ab13c1c78e
Current Stage
Award
All Stages
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

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£24,600 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Feb 20187 years ago
Submission Deadline
17 Nov 2017Expired
Future Notice Date
Not specified
Award Date
27 Feb 20187 years ago
Contract Period
31 Mar 2018 - 31 Mar 2021 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
SOUTH LAKELAND 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
KENDAL
Postcode
LA9 4DQ
Post Town
Lancaster
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD14 Westmorland and Furness
Delivery Location
TLD North West (England)
Local Authority
Westmorland and Furness
Electoral Ward
Kendal Strickland and Fell
Westminster Constituency
Westmorland and Lonsdale

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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