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Bond Treasury Advisor

ORBIT GROUP LIMITED

This public procurement record has 1 release in its history.

Award

11 May 2026 at 17:36

Award Notice
Summary of the contracting process

The procurement process undertaken by ORBIT GROUP LIMITED, a regional or local authority based in Coventry, United Kingdom, seeks a Bond Treasury Advisor to provide strategic support for a potential bond issuance under their EMTN Programme. This tender falls within the financial and insurance services industry category, and covers regions UKC to UKK. The process was in the award stage and has been completed, with key contract signing taking place on 29th April 2026. The method used was a direct award without prior competition publication, given the specific need for continuity with Savills (UK) Limited, who was awarded the contract valued at £70,000.

This tender offers significant opportunities for businesses, particularly those experienced in financial advisory, treasury consultancy, and bond issuance. It highlights the need for firms that can provide expert strategic advice, manage complex financial projects, and coordinate large issuance processes. Businesses that have an established relationship with the buyer or possess specialised insights into the buyer's financial strategies are especially well-suited to compete for similar opportunities in the future, as continuity and deep understanding of the buyer’s needs were critical considerations in this direct award process.

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Notice Information

Notice Title

Bond Treasury Advisor

Notice Description

We are seeking specialist Treasury Advisory support to provide independent advice and project support for a potential bond issuance under our EMTN Programme. This includes strategic advice on timing, structure and size of the bond, support with appointing and managing bookrunners, investor presentation and marketing support, pricing and execution benchmarking, hedging advice, and overall coordination of the issuance process through to completion.

Lot Information

Lot 1

This contract is a direct award to Savills through the National Framework Partnership - Treasury Services framework

Procurement Information

Why direct award: We are directly awarding this work to Savills, our existing Treasury Advisors, for the following reasons: * Savills already have a deep understanding of Orbit's treasury strategy, financial position, risk appetite and governance, having supported as Treasury Advisors under the retainer. * Continuity of advisor is critical for a time sensitive and market dependent transaction, reducing delivery risk and avoiding duplication of work and cost. * The proposed fee represents value for money, with Savills offering a reduced rate compared to market norms for a bond issuance, recognising that this is under an already established EMTN programme, reducing from 10bps to 3bps.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06963a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/043229-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66000000 - Financial and insurance services

79311410 - Economic impact assessment

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£70,000 Under £100K

Notice Dates

Publication Date
11 May 20264 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
ORBIT GROUP LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
COVENTRY
Postcode
CV3 2SU
Postcode Area
Coventry
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG33 Coventry
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
Coventry
Electoral Ward
Wyken
Westminster Constituency
Coventry East

Supplier Information

Number of Suppliers
1
Supplier Name

Savills

Further Information

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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