Award

Treasury Management Advice Service

LONDON BOROUGH OF BROMLEY

This public procurement record has 1 release in its history.

Award

15 Jul 2021 at 10:17

Summary of the contracting process

The London Borough of Bromley has recently completed a public procurement process for the provision of a Treasury Management Advice Service, with a contract value of £50,000. This single tender action was initiated on 1st June 2021, leading to the award of the contract to Link Asset Services on 15th July 2021. The service is classified under the CPV code for Treasury services and will take place in London, with the contract period set from 1st January 2022 to 31st December 2027.

This tender presents significant opportunities for financial advisory firms, particularly those with expertise in treasury management and public sector services. Businesses that understand local government financing and are skilled in providing treasury-related advice would be well-positioned to compete in similar future procurement processes. Engaging with the London Borough of Bromley and demonstrating capability in this specialized service area could foster further growth and partnerships in the public sector.

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

Treasury Management Advice Service

Notice Description

This is an award notice for a Treasury Management advice service to Link Asset Services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e3104248-e54e-469f-b42d-bbde6e34a68c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4c441ffc-41fd-41e9-90fa-47f9932d18bc
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
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
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jul 20214 years ago
Submission Deadline
30 Jun 2021Expired
Future Notice Date
Not specified
Award Date
31 May 20214 years ago
Contract Period
1 Jan 2022 - 31 Dec 2027 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
LONDON BOROUGH OF BROMLEY
Contact Name
Not specified
Contact Email
procurement@bromley.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SE16 3QN
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London

Local Authority
Southwark
Electoral Ward
London Bridge & West Bermondsey
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

LINK ASSET SERVICES (HOLDINGS

Further Information

Notice Documents

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-e3104248-e54e-469f-b42d-bbde6e34a68c-2021-07-15T11:17:24+01:00",
    "date": "2021-07-15T11:17:24+01:00",
    "ocid": "ocds-b5fd17-e3104248-e54e-469f-b42d-bbde6e34a68c",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CDB 71",
        "title": "Treasury Management Advice Service",
        "description": "This is an award notice for a Treasury Management advice service to Link Asset Services.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66600000",
            "description": "Treasury services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 50000,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2021-07-01T00:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2022-01-01T00:00:00Z",
            "endDate": "2027-12-31T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/HGBf2puV",
            "name": "London Borough Of Bromley",
            "identifier": {
                "legalName": "London Borough Of Bromley",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/HGBf2puV"
            },
            "address": {
                "streetAddress": "Municipal Offices",
                "locality": "LONDON",
                "postalCode": "SE163QN",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "procurement@bromley.gov.uk"
            },
            "details": {
                "url": "http://www.bromley.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-05505964",
            "name": "LINK ASSET SERVICES (HOLDINGS) LIMITED",
            "identifier": {
                "legalName": "LINK ASSET SERVICES (HOLDINGS) LIMITED",
                "scheme": "GB-COH",
                "id": "05505964"
            },
            "address": {
                "streetAddress": "34 Beckenham Road BR3 4TU GB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/HGBf2puV",
        "name": "London Borough Of Bromley"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-e3104248-e54e-469f-b42d-bbde6e34a68c-1",
            "status": "active",
            "date": "2021-06-01T00:00:00+01:00",
            "datePublished": "2021-07-15T11:17:24+01:00",
            "value": {
                "amount": 50000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-05505964",
                    "name": "LINK ASSET SERVICES (HOLDINGS) LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-01-01T00:00:00Z",
                "endDate": "2027-12-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/4c441ffc-41fd-41e9-90fa-47f9932d18bc",
                    "datePublished": "2021-07-15T11:17:24+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}