Award

Treasury Management Advisors for Great Yarmouth Borough Council & Norwich City Council

GREAT YARMOUTH BOROUGH COUNCIL

This public procurement record has 3 releases in its history.

Award

06 Jun 2025 at 10:50

Award

02 May 2025 at 10:56

Tender

11 Mar 2025 at 17:29

Summary of the contracting process

Great Yarmouth Borough Council and Norwich City Council have jointly completed a procurement process for Treasury Management Advisors, engaging ARLINGCLOSE LIMITED to provide comprehensive financial advisory services. This tender process falls under the public authority sub-central government sector, located within the regions of UKH15 and UKH1 in the United Kingdom. Aimed primarily at securing high-level advisory services, the tender was conducted through an open competition below the procurement threshold, showcasing a successful collaboration that involved structured advice delivery in investment, credit risk management, and more. The contract originates from a competitive tendering process, awarded on 6th May 2025 and expected to span from 21st May 2025 to 11th May 2027 for the Great Yarmouth contract, with a provision for potential extensions up to May 2030.

This tender represents growth opportunities for businesses capable of offering specialised financial services, such as accounting, auditing, and strategic financial consultancy. Small and medium enterprises (SMEs) with expertise in fiscal services and financial management consultancy can particularly benefit from such government contracts, given the focus on quality and price in procurement. By engaging with contracts of this nature, businesses can expand their portfolios, enhance their market reputation, and secure steady revenue streams from long-term contractual relationships with public authorities like Great Yarmouth and Norwich City Councils.

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Notice Title

Treasury Management Advisors for Great Yarmouth Borough Council & Norwich City Council

Notice Description

To procure treasury management advisors services to provide support and advice to both Great Yarmouth Borough Council (GYBC) and Norwich City Council (NCC) in the following areas of work: Investment, counterparty and credit rating advice, credit risk management, strategic advice, technical advice, economic and interest rate forecast updates, seminars, training and workshops, performance monitoring, draft templates for core reporting, debt management, help line facility and due diligence.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04ebdd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030528-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79210000 - Accounting and auditing services

79220000 - Fiscal services

79411000 - General management consultancy services

79412000 - Financial management consultancy services

Notice Value(s)

Tender Value
£125,000 £100K-£500K
Lots Value
£125,000 £100K-£500K
Awards Value
£125,000 £100K-£500K
Contracts Value
£76,250 Under £100K

Notice Dates

Publication Date
6 Jun 202511 months ago
Submission Deadline
14 Apr 2025Expired
Future Notice Date
Not specified
Award Date
30 Apr 20251 years ago
Contract Period
1 Nov 2025 - 31 Oct 2027 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
GREAT YARMOUTH BOROUGH COUNCIL
Additional Buyers

EAST SUFFOLK COUNCIL

NORWICH CITY 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
GREAT YARMOUTH
Postcode
NR30 2QF
Post Town
Norwich
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH6 Suffolk
Small Region (ITL 3)
TLH63 East Suffolk
Delivery Location
TLH15 Norwich and East Norfolk

Local Authority
East Suffolk
Electoral Ward
Melton
Westminster Constituency
Suffolk Coastal

Supplier Information

Number of Suppliers
1
Supplier Name

ARLINGCLOSE

Open Contracting Data Standard (OCDS)

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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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