Award

Treasury Consultancy Services

ROYAL BOROUGH OF GREENWICH

This public procurement record has 2 releases in its history.

Award

12 Aug 2025 at 17:50

Tender

19 May 2025 at 15:02

Summary of the contracting process

The Royal Borough of Greenwich has concluded an open procurement process to award a contract for Treasury Consultancy Services. This procurement falls under the services category and is designed to provide advisory support to the authority's treasury management function, ensuring compliance with statutory obligations and strategic financial objectives. The process, characterised by its open competition method below the procurement threshold, reached completion as of 31st July 2025. The contract, valued at £140,000 with a total gross amount of £188,000, will commence on 7th October 2025, extending potentially until October 2032. The contract award was granted to MUFG CORPORATE MARKETS TREASURY LIMITED, located in Leeds, UK. The procurement-related activities spanned several UK regions, with the primary award phase confirmed on 12th August 2025.

This contract presents significant opportunities for businesses operating within the treasury consultancy industry, particularly those capable of providing expertise in investment advice and strategic financial planning. While the winning bidder was a large-scale organisation, this tender highlights opportunities for similar businesses to engage with public authorities at sub-central government levels, offering specialised financial services. The process attracted four bids, reflecting a competitive landscape, although with no submissions from SMEs or VCSEs at the final stage, indicating room for smaller enterprises to improve their bid strategies in future similar tenders. Businesses equipped with innovative treasury solutions and the ability to navigate complex regulatory landscapes would be well-positioned for such procurements.

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Notice Title

Treasury Consultancy Services

Notice Description

This notice serves to confirm the award of contract to the successful provider following completion of the open procurement process for the delivery of Treasury Consultancy Services. The appointed provider will deliver advisory support to the authority's treasury management function. The role of the Treasury Consultancy Service is to provide expert information and investment advice to assist in the effective planning, execution, and oversight of treasury activities, in alignment with statutory requirements and strategic financial objectives.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-051771
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/048215-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66600000 - Treasury services

Notice Value(s)

Tender Value
£140,000 £100K-£500K
Lots Value
£140,000 £100K-£500K
Awards Value
£140,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Aug 20256 months ago
Submission Deadline
20 Jun 2025Expired
Future Notice Date
Not specified
Award Date
30 Jul 20256 months ago
Contract Period
6 Oct 2025 - 6 Oct 2030 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
ROYAL BOROUGH OF GREENWICH
Contact Name
Not specified
Contact Email
procurement@royalgreenwich.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SE18 6HQ
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI51 Bexley and Greenwich
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)

Local Authority
Greenwich
Electoral Ward
Woolwich Arsenal
Westminster Constituency
Greenwich and Woolwich

Supplier Information

Number of Suppliers
1
Supplier Name

MUFG CORPORATE MARKETS TREASURY

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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