Tender

Treasury Management Advisory Services

NEWCASTLE-UNDER-LYME BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Tender

07 Dec 2021 at 17:45

Tender Notice
Summary of the contracting process

Newcastle-under-Lyme Borough Council is seeking proposals for Treasury Management Advisory Services through an open procurement process. The deadline for tender submissions is 14th January 2022, with the contract expected to commence on 1st April 2022 and run until 31st March 2027. The estimated contract value is £40,000, with a minimum value of £35,000. This contract falls under the financial consultancy services category and is located in the West Midlands, England.

This tender presents an excellent opportunity for financial consultancy firms looking to expand their portfolio in public sector contracts. Businesses specialising in treasury management, financial management consultancy, and those with experience in working with local authorities would be well-suited to compete for this contract. With the Council moving away from a debt-free position, there may be further opportunities for strategic advisors to enhance their financial strategies and execution.

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Notice Information

Notice Title

Treasury Management Advisory Services

Notice Description

Overview Newcastle-under-Lyme Borough Council is in the process of reviewing the provision of Treasury Management Advisory Services. The current contract is due to end 31st March 2022. Newcastle-under-Lyme Borough Council is currently a debt-free Authority; our investment portfolio fluctuates from GBP0 up to GBP10 million approximately depending on activity, which is controlled "in house" with no funds invested via Fund Managers. The figure for our investment portfolio is expected to reduce over the coming years due to capital receipts currently in hand being fully utilised. It is also forecast that the Council will not remain a debt-free Authority during the period of the contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f1501753-80ae-4a26-b09a-3cb847452f23
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/05fb0a72-fc1b-4a77-8351-b3d4df0bcb8c
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

66171000 - Financial consultancy services

66600000 - Treasury services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£40,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Dec 20214 years ago
Submission Deadline
14 Jan 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2022 - 31 Mar 2027 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NEWCASTLE-UNDER-LYME BOROUGH 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
NEWCASTLE-UNDER-LYME
Postcode
ST5 1BL
Post Town
Stoke-on-Trent
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Newcastle-under-Lyme
Electoral Ward
Town
Westminster Constituency
Newcastle-under-Lyme

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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