Award

Treasury Management Advice Services

NOTTINGHAMSHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

03 Sep 2019 at 13:46

Award Notice
Tender

01 Mar 2019 at 14:59

Tender Notice
Summary of the contracting process

Nottinghamshire County Council is seeking to engage a professional Treasury Management Advisor through an open procurement process. The tender, titled "Treasury Management Advice Services," falls under the financial and insurance services category and is located in the East Midlands, United Kingdom. The tender period concluded on 15th March 2019, with the awarded contract starting on 1st April 2019 and running until 31st March 2024. The total value of the contract is £60,000, and the Council currently employs approximately 0.7 full-time equivalent staff for Treasury Management tasks.

This contract presents a valuable opportunity for businesses specialised in treasury management and financial advisory services to expand their clientele by partnering with Nottinghamshire County Council. Small and medium-sized enterprises (SMEs) are particularly encouraged to compete, as the procurement process is designed to accommodate their capabilities. Companies offering innovative and efficient treasury solutions would find this tender well-suited to their strengths, potentially leading to long-term contracts and enhanced visibility in the public sector.

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Notice Information

Notice Title

Treasury Management Advice Services

Notice Description

Nottinghamshire County Council (the Council) has a requirement for Treasury Management Advice services. The Council does not currently have a contract for such services, having subscribed in the past to various market information systems as were appropriate for the management of a large in house equities portfolio, as part of the Council's Pension Fund. The in-house portfolio has now been pooled in accordance with Central Government requirements and these subscriptions are no longer cost effective and so the decision has been approved to procure a professional Treasury Management Advisor. It should be noted that, apart from MS Excel, the Council currently uses no bespoke Treasury Management systems. In total, approximately 0.7 FTE staff are employed on Treasury Management activity by the Council. The following is provided as further information * Treasury Management Strategy 2019/20 - Appendix A * Treasury Management Policy 2019/20 - Appendix B * 2017/18 Statement of Accounts - Appendix C * Summary of Investments and Debt as at 31st December 2018 - Appendix D

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f0bf4a93-25f6-423c-a516-6ae9ffea089d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c04b270c-ed1c-43d8-810b-e8f434be974a
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£60,000 Under £100K
Lots Value
Not specified
Awards Value
£60,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Sep 20196 years ago
Submission Deadline
15 Mar 2019Expired
Future Notice Date
Not specified
Award Date
29 Mar 20196 years ago
Contract Period
31 Mar 2019 - 31 Mar 2024 Over 5 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
NOTTINGHAMSHIRE COUNTY 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
NOTTINGHAMSHIRE
Postcode
NG2 7QP
Post Town
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF16 South Nottinghamshire
Delivery Location
TLF East Midlands (England)
Local Authority
Rushcliffe
Electoral Ward
Trent Bridge
Westminster Constituency
Rushcliffe

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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