Award

Treasury Advisory Services

OLDHAM COUNCIL

This public procurement record has 4 releases in its history.

Award

03 May 2023 at 08:15

TenderUpdate

28 Feb 2023 at 09:19

TenderUpdate

28 Feb 2023 at 09:15

Tender

10 Feb 2023 at 13:20

Summary of the contracting process

Oldham Council is leading a procurement process to appoint a supplier to provide treasury advisory services on behalf of various authorities, including Bolton Council, Bury Council, and others in the Greater Manchester area. The contract covers services aimed at improving treasury management activities and ensuring compliance with financial codes. The procurement is in the active stage, with a contract value of £660,000 signed on 14th April 2023.

This tender presents business growth opportunities for companies offering treasury management services and financial consultancy. Businesses with expertise in treasury services, financial risk management, and compliance with financial regulations would be well-suited to compete. The procurement method is an open procedure, providing a fair chance for suppliers to showcase their quality, social value contributions, and pricing competitiveness.

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 Advisory Services

Notice Description

Oldham Council (lead authority) wish to appoint a Supplier to provide treasury advisory services on behalf of the following authorities: - Bolton Council - Bury Council - Greater Manchester Combined Authorities - Manchester City Council - Oldham Council - Rochdale Metropolitan Borough Council - Salford City Council - Stockport Council - Tameside Metropolitan Borough Council - Trafford Council - Warrington Borough Council - Chorley Council

Lot Information

Lot 1

The role of the Supplier is to work with a number of authorities linked to the Greater Manchester area. It will involve working with treasury management staff to add value to its treasury management activities and ensure that each authority complies with the CIPFA Prudential and Treasury Management Codes. There should be clear benefits for each authority participating in the form of; better decisions, savings from cheaper borrowing, savings from debt restructuring, improved investment returns, more robust systems and procedures, and skills transfer from the consultant to the authority. It is envisaged that the financial benefits to each authority participating will substantially outweigh the cost of contract. Further information can be found in the procurement documents which can be accessed via the Chest portal (www.the-chest.org.uk). Please note the Council do not accept telephone or email queries, these must be raised via the Chest portal.

Renewal: The initial contract is for 3 years with an option 1 year extension.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03a4b3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/012593-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66600000 - Treasury services

Notice Value(s)

Tender Value
£660,000 £500K-£1M
Lots Value
£660,000 £500K-£1M
Awards Value
Not specified
Contracts Value
£720,000 £500K-£1M

Notice Dates

Publication Date
3 May 20232 years ago
Submission Deadline
13 Mar 2023Expired
Future Notice Date
Not specified
Award Date
13 Apr 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
OLDHAM COUNCIL
Additional Buyers

BOLTON COUNCIL

BURY COUNCIL

CHORLEY COUNCIL

GREATER MANCHESTER COMBINED AUTHORITIES (GMCA)

GREATER MANCHESTER COMBINED AUTHORITIES (GMCA) MANCHESTER

MANCHESTER CITY COUNCIL

ROCHDALE BOROUGH COUNCIL

SALFORD CITY COUNCIL

STOCKPORT COUNCIL

TAMESIDE COUNCIL

TRAFFORD COUNCIL

WARRINGTON BOROUGH COUNCIL

Contact Name
Mrs Emily Molden
Contact Email
contact@chorley.gov.uk, contact@warrington.gov.uk, corporateprocurement@bury.gov.uk, emily.molden@oldham.gov.uk, enquiries@greatermanchester-ca.gov.uk, procurement@manchester.gov.uk, procurement@salford.gov.uk, procurement@star-procurement.gov.uk, purchasing.admin@bolton.gov.uk
Contact Phone
+44 1617701643

Buyer Location

Locality
OLDHAM
Postcode
OL1 1UT
Post Town
Oldham
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD37 Greater Manchester North East
Delivery Location
TLD3 Greater Manchester

Local Authority
Oldham
Electoral Ward
Coldhurst
Westminster Constituency
Oldham West, Chadderton and Royton

Supplier Information

Number of Suppliers
1
Supplier Name

ARLINGCLOSE

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-h6vhtk-03a4b3-2023-05-03T09:15:41+01:00",
    "date": "2023-05-03T09:15:41+01:00",
    "ocid": "ocds-h6vhtk-03a4b3",
    "initiationType": "tender",
    "tender": {
        "id": "DN655747",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Treasury Advisory Services",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66600000",
            "description": "Treasury services"
        },
        "mainProcurementCategory": "services",
        "description": "Oldham Council (lead authority) wish to appoint a Supplier to provide treasury advisory services on behalf of the following authorities: - Bolton Council - Bury Council - Greater Manchester Combined Authorities - Manchester City Council - Oldham Council - Rochdale Metropolitan Borough Council - Salford City Council - Stockport Council - Tameside Metropolitan Borough Council - Trafford Council - Warrington Borough Council - Chorley Council",
        "value": {
            "amount": 660000,
            "currency": "GBP"
        },
        "lots": [
            {
                "id": "1",
                "description": "The role of the Supplier is to work with a number of authorities linked to the Greater Manchester area. It will involve working with treasury management staff to add value to its treasury management activities and ensure that each authority complies with the CIPFA Prudential and Treasury Management Codes. There should be clear benefits for each authority participating in the form of; better decisions, savings from cheaper borrowing, savings from debt restructuring, improved investment returns, more robust systems and procedures, and skills transfer from the consultant to the authority. It is envisaged that the financial benefits to each authority participating will substantially outweigh the cost of contract. Further information can be found in the procurement documents which can be accessed via the Chest portal (www.the-chest.org.uk). Please note the Council do not accept telephone or email queries, these must be raised via the Chest portal.",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Quality",
                            "type": "quality",
                            "description": "55%"
                        },
                        {
                            "name": "Social Value",
                            "type": "quality",
                            "description": "10%"
                        },
                        {
                            "type": "price",
                            "description": "35%"
                        }
                    ]
                },
                "value": {
                    "amount": 660000,
                    "currency": "GBP"
                },
                "contractPeriod": {
                    "durationInDays": 1440
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "The initial contract is for 3 years with an option 1 year extension."
                },
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": false,
                "status": "cancelled"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "UKD3"
                    },
                    {
                        "region": "UK"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "submissionMethod": [
            "electronicSubmission"
        ],
        "submissionMethodDetails": "https://www.the-chest.org.uk/",
        "documents": [
            {
                "id": "economic",
                "documentType": "economicSelectionCriteria"
            },
            {
                "id": "technical",
                "documentType": "technicalSelectionCriteria"
            }
        ],
        "otherRequirements": {
            "requiresStaffNamesAndQualifications": true
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "techniques": {
            "hasFrameworkAgreement": true,
            "frameworkAgreement": {
                "maximumParticipants": 1,
                "periodRationale": "N/A"
            }
        },
        "tenderPeriod": {
            "endDate": "2023-03-13T12:00:00Z"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ]
        },
        "awardPeriod": {
            "startDate": "2023-03-13T12:00:00Z"
        },
        "bidOpening": {
            "date": "2023-03-13T12:00:00Z"
        },
        "hasRecurrence": true,
        "amendments": [
            {
                "id": "1",
                "unstructuredChanges": [
                    {
                        "newValue": {
                            "text": "Chorley Council - contact@chorley.gov.uk."
                        },
                        "where": {
                            "section": "I.1",
                            "label": "Name and addresses of other buyers"
                        }
                    },
                    {
                        "newValue": {
                            "text": "Inclusion of Chorley Council."
                        },
                        "where": {
                            "section": "II.1.4",
                            "label": "Short Description"
                        }
                    }
                ]
            },
            {
                "id": "2",
                "unstructuredChanges": [
                    {
                        "oldValue": {
                            "text": "Value excluding VAT: PS660,000"
                        },
                        "newValue": {
                            "text": "Value excluding VAT: PS720,000"
                        },
                        "where": {
                            "section": "II.1.5",
                            "label": "Estimated Total Value"
                        }
                    },
                    {
                        "oldValue": {
                            "text": "Value excluding VAT: PS660,000"
                        },
                        "newValue": {
                            "text": "Value excluding VAT: PS720,000"
                        },
                        "where": {
                            "section": "II.2.6",
                            "label": "Estimated Value"
                        }
                    }
                ]
            }
        ]
    },
    "parties": [
        {
            "id": "GB-FTS-12247",
            "name": "Oldham Council",
            "identifier": {
                "legalName": "Oldham Council"
            },
            "address": {
                "streetAddress": "Civic Centre, West Street",
                "locality": "Oldham",
                "region": "UK",
                "postalCode": "OL1 1UT",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Mrs Emily Molden",
                "email": "emily.molden@oldham.gov.uk",
                "url": "https://www.the-chest.org.uk/"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "http://www.oldham.gov.uk/",
                "buyerProfile": "http://www.oldham.gov.uk/",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "REGIONAL_AUTHORITY",
                        "description": "Regional or local authority"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "01",
                        "description": "General public services"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-58170",
            "name": "Bolton Council",
            "identifier": {
                "legalName": "Bolton Council"
            },
            "address": {
                "locality": "Bolton",
                "region": "UK",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "purchasing.admin@bolton.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.bolton.gov.uk"
            }
        },
        {
            "id": "GB-FTS-870",
            "name": "Bury Council",
            "identifier": {
                "legalName": "Bury Council"
            },
            "address": {
                "locality": "Bury",
                "region": "UKD3",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "corporateprocurement@bury.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.bury.gov.uk/"
            }
        },
        {
            "id": "GB-FTS-75028",
            "name": "Greater Manchester Combined Authorities (GMCA) Manchester",
            "identifier": {
                "legalName": "Greater Manchester Combined Authorities (GMCA) Manchester"
            },
            "address": {
                "locality": "Manchester",
                "region": "UKD3",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "enquiries@greatermanchester-ca.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.greatermanchester-ca.gov.uk/"
            }
        },
        {
            "id": "GB-FTS-875",
            "name": "Manchester City Council",
            "identifier": {
                "legalName": "Manchester City Council"
            },
            "address": {
                "locality": "Manchester",
                "region": "UKD3",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "procurement@manchester.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.manchester.gov.uk/"
            }
        },
        {
            "id": "GB-FTS-1135",
            "name": "Rochdale Borough Council",
            "identifier": {
                "legalName": "Rochdale Borough Council"
            },
            "address": {
                "locality": "Rochdale",
                "region": "UKD3",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "procurement@star-procurement.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.rochdale.gov.uk"
            }
        },
        {
            "id": "GB-FTS-4110",
            "name": "Salford City Council",
            "identifier": {
                "legalName": "Salford City Council"
            },
            "address": {
                "locality": "Salford",
                "region": "UKD3",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "procurement@salford.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.salford.gov.uk"
            }
        },
        {
            "id": "GB-FTS-13220",
            "name": "Stockport Council",
            "identifier": {
                "legalName": "Stockport Council"
            },
            "address": {
                "locality": "Stockport",
                "region": "UKD3",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "procurement@star-procurement.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.stockport.gov.uk/"
            }
        },
        {
            "id": "GB-FTS-67198",
            "name": "Tameside Council",
            "identifier": {
                "legalName": "Tameside Council"
            },
            "address": {
                "locality": "Ashton Under Lyne",
                "region": "UKD3",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "procurement@star-procurement.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.tameside.gov.uk/"
            }
        },
        {
            "id": "GB-FTS-873",
            "name": "Trafford Council",
            "identifier": {
                "legalName": "Trafford Council"
            },
            "address": {
                "locality": "Trafford",
                "region": "UKD3",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "procurement@star-procurement.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.trafford.gov.uk/Home.aspx"
            }
        },
        {
            "id": "GB-FTS-3628",
            "name": "Warrington Borough Council",
            "identifier": {
                "legalName": "Warrington Borough Council"
            },
            "address": {
                "locality": "Warrington",
                "region": "UKD6",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "contact@warrington.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.warrington.gov.uk/"
            }
        },
        {
            "id": "GB-FTS-876",
            "name": "Oldham Council",
            "identifier": {
                "legalName": "Oldham Council"
            },
            "address": {
                "locality": "Oldham",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        },
        {
            "id": "GB-FTS-38595",
            "name": "Oldham Council",
            "identifier": {
                "legalName": "Oldham Council"
            },
            "address": {
                "streetAddress": "Corporate Procurement Level 8, Civic Centre, West Street",
                "locality": "Oldham",
                "region": "UK",
                "postalCode": "OL1 1UT",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Mrs Emily Molden",
                "telephone": "+44 1617701643",
                "email": "emily.molden@oldham.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "http://www.oldham.gov.uk/",
                "buyerProfile": "http://www.oldham.gov.uk/"
            }
        },
        {
            "id": "GB-FTS-81752",
            "name": "Bolton Council",
            "identifier": {
                "legalName": "Bolton Council"
            },
            "address": {
                "locality": "BOlton",
                "region": "UK",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "purchasing.admin@bolton.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.bolton.gov.uk"
            }
        },
        {
            "id": "GB-FTS-73573",
            "name": "Greater Manchester Combined Authorities (GMCA)",
            "identifier": {
                "legalName": "Greater Manchester Combined Authorities (GMCA)"
            },
            "address": {
                "locality": "Manchester",
                "region": "UKD3",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "enquiries@greatermanchester-ca.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.greatermanchester-ca.gov.uk/"
            }
        },
        {
            "id": "GB-FTS-81753",
            "name": "Chorley Council",
            "identifier": {
                "legalName": "Chorley Council"
            },
            "address": {
                "locality": "Chorley",
                "region": "UKD6",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "contact@chorley.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://chorley.gov.uk/"
            }
        },
        {
            "id": "GB-FTS-81754",
            "name": "Arlingclose Ltd",
            "identifier": {
                "legalName": "Arlingclose Ltd"
            },
            "address": {
                "locality": "Stratford Upon Avon",
                "region": "UK",
                "countryName": "United Kingdom"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "sme"
            }
        }
    ],
    "buyer": {
        "id": "GB-FTS-12247",
        "name": "Oldham Council"
    },
    "language": "en",
    "awards": [
        {
            "id": "012593-2023-1",
            "relatedLots": [
                "1"
            ],
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-FTS-81754",
                    "name": "Arlingclose Ltd"
                }
            ]
        }
    ],
    "contracts": [
        {
            "id": "012593-2023-1",
            "awardID": "012593-2023-1",
            "status": "active",
            "value": {
                "amount": 720000,
                "currency": "GBP"
            },
            "dateSigned": "2023-04-14T00:00:00+01:00"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "relatedLot": "1",
                "value": 2
            },
            {
                "id": "2",
                "measure": "smeBids",
                "relatedLot": "1",
                "value": 2
            },
            {
                "id": "3",
                "measure": "foreignBidsFromEU",
                "relatedLot": "1",
                "value": 0
            },
            {
                "id": "4",
                "measure": "foreignBidsFromNonEU",
                "relatedLot": "1",
                "value": 0
            },
            {
                "id": "5",
                "measure": "electronicBids",
                "relatedLot": "1",
                "value": 2
            }
        ]
    }
}