Notice Information
Notice Title
SC220274 - Treasury Advisor
Notice Description
The Council manages investments of some PS500m and a debt portfolio of circa PS800m. These are substantial sums of money and KCC is therefore exposed to significant financial risks including the loss of invested funds and the revenue effect of changing interest rates. KCC's strategic objective is to control and monitor these risks and minimize their impact on its revenue budget. The role of the treasury advisor is seen as being key to the Council achieving its objective. KCC is therefore seeking to appoint a treasury advisor to provide advice and guidance on its treasury management and investment strategy. The services provided must include investment advice and not just the provision of information. The Council will rely on the advice and information provided in making its own independent decisions on its treasury management and investment activities. These services supplement the Council's in-house capacity to take treasury management decisions with specialist treasury management advice enriched by high frequency contact with relevant financial institutions and their regulators and frequent consideration of a wide range of relevant sources of information and analysis relevant to the formation of such advice. Tenderers must demonstrate that they can deliver the above service specification by explaining how they would deliver each aspect of the service within each of the following sections below. Tenderers must make sure that they fully explain how the service would be delivered. Anything that is not directly relevant should not be included. Wherever possible tenderers should demonstrate how they will go further than what is being asked for, to add value. Candidates who wish to be considered for this opportunity are initially required to submit a Selection Questionnaire via the Kent Business Portal no later than 23rd January 2023. Documentation will be automatically issued on expression of interest on the Kent Business Portal.
Lot Information
Lot 1
The Council manages investments of some PS500m and a debt portfolio of circa PS800m. These are substantial sums of money and KCC is therefore exposed to significant financial risks including the loss of invested funds and the revenue effect of changing interest rates. KCC's strategic objective is to control and monitor these risks and minimize their impact on its revenue budget. The role of the treasury advisor is seen as being key to the Council achieving its objective. KCC is therefore seeking to appoint a treasury advisor to provide advice and guidance on its treasury management and investment strategy. The services provided must include investment advice and not just the provision of information. The Council will rely on the advice and information provided in making its own independent decisions on its treasury management and investment activities. These services supplement the Council's in-house capacity to take treasury management decisions with specialist treasury management advice enriched by high frequency contact with relevant financial institutions and their regulators and frequent consideration of a wide range of relevant sources of information and analysis relevant to the formation of such advice. The provider will be required to provide the following Treasury advisory services to Kent County Council: Core Specification 1. Treasury management advice 2. Market and counterparty information 3. Cashflow management and forecasting 4. Accounting support 5. Monitoring the performance of the Council's investment and debt portfolio 6. Support for compliance with CIPFA's guidelines for Treasury Management Reporting 7. Treasury Management Practices 8. Training for Officers and Members 9. Debt Restructuring Advice Tenderers must demonstrate that they can deliver the above service specification by explaining how they would deliver each aspect of the service within each of the following sections below. Tenderers must make sure that they fully explain how the service would be delivered. Anything that is not directly relevant should not be included. Wherever possible tenderers should demonstrate how they will go further than what is being asked for, to add value. Candidates who wish to be considered for this opportunity are initially required to submit a Selection Questionnaire via the Kent Business Portal no later than 23td January 2023. Documentation will be automatically issued on expression of interest on the Kent Business Portal.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-0393fc
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/036474-2022
- Current Stage
- Tender
- All Stages
- Tender
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Selective
- Procurement Method Details
- Competitive procedure with negotiation
- Tender Suitability
- Not specified
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66000000 - Financial and insurance services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 23 Dec 20223 years ago
- Submission Deadline
- 23 Jan 2023Expired
- Future Notice Date
- Not specified
- Award Date
- Not specified
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Active
- Lots Status
- Active
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- KENT COUNTY COUNCIL
- Contact Name
- Mr Alexander Whelan
- Contact Email
- alexander.whelan@kent.gov.uk
- Contact Phone
- Not specified
Buyer Location
- Locality
- MAIDSTONE
- Postcode
- ME14 1XQ
- Post Town
- Rochester
- Country
- England
-
- Major Region (ITL 1)
- TLJ South East (England)
- Basic Region (ITL 2)
- TLJ4 Kent
- Small Region (ITL 3)
- TLJ45 Mid Kent
- Delivery Location
- TLJ4 Kent
-
- Local Authority
- Maidstone
- Electoral Ward
- Penenden Heath
- Westminster Constituency
- Maidstone and Malling
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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