This public procurement record has 2 releases in its history.

Award

18 Aug 2026 at 16:25

Tender

08 Jun 2026 at 12:22

Summary of the contracting process

Milton Keynes City Council procured comprehensive treasury and leasing advisory services for its financial management activities. The requirement covers strategic advice on investments and borrowing, timely and proactive market intelligence, and specialist technical accounting guidance to support compliance with relevant standards. It also includes detailed lease-financing appraisals to inform decision-making and value-for-money assessments, together with training to strengthen internal capability and governance. This is a financial consultancy and corporate finance service, including financial transaction processing and clearing-house advice (CPV 66122000, 66170000 and 66171000). The work is for Milton Keynes City Council and is delivered in Milton Keynes, United Kingdom. The procurement is a single service requirement rather than a set of separate service categories.

The procurement is complete and has been awarded following a below-threshold open competition. The award was made on 17 August 2026 to MUFG Corporate Markets Treasury Limited, and the contract was signed on the same date. The active contract runs from 2 September 2026 to 1 September 2029, with an optional two-year extension available until 1 September 2031. Its contracted value is £65,400 excluding VAT, or £78,840 including VAT. The original tender estimated £80,000 excluding VAT and £96,000 including VAT. Bids were evaluated on quality at 30% and price at 70%. The tender submission deadline was 30 June 2026 at 12:00, and the enquiry deadline was 23 June 2026 at 23:59.

This opportunity indicates established demand from Milton Keynes City Council for an external adviser combining treasury strategy, leasing expertise and technical accounting capability. A credible competitor for a future requirement would need to advise on investment and borrowing decisions, interpret market intelligence promptly, and provide technically robust guidance on accounting standards and compliance. Experience of lease-financing appraisals would be important, particularly where recommendations must demonstrate value for money and support public-sector decision-making. Suppliers should also be able to deliver practical training, strengthen governance and transfer knowledge to council staff rather than relying solely on external analysis. The award to an SME-sized financial advisory business shows that the work can suit a focused specialist with sufficient capacity, relevant public-sector experience and a broad treasury and leasing skill set.

How relevant is this notice?

Notice Information

Notice Title

Treasury and Leasing Advisory Services

Notice Description

Milton Keynes City Council requires the provision of comprehensive Treasury and Leasing Advisory Services to support the effective management of its treasury and leasing activities. The service will include strategic advice on investment and borrowing, access to timely and proactive market intelligence, and specialist technical accounting guidance to ensure compliance with relevant standards. The scope will also cover detailed lease financing appraisals to support informed decision-making and value for money, alongside the provision of training to enhance internal capability and governance arrangements. This is notify of the award.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06afa8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/078691-2026
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

66 - Financial and insurance services


CPV Codes

66122000 - Corporate finance and venture capital services

66170000 - Financial consultancy, financial transaction processing and clearing-house services

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£80,000 Under £100K
Lots Value
£80,000 Under £100K
Awards Value
Not specified
Contracts Value
£65,400 Under £100K

Notice Dates

Publication Date
18 Aug 20261 months ago
Submission Deadline
30 Jun 2026Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
2 Sep 2026 - 1 Sep 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Milton Keynes 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
MILTON KEYNES
Postcode
MK9 3EJ
Postcode Area
Milton Keynes
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ12 Milton Keynes
Delivery Location
TLJ12 Milton Keynes

Local Authority
Milton Keynes
Electoral Ward
Central Milton Keynes
Westminster Constituency
Milton Keynes Central

Supplier Information

Number of Suppliers
1
Supplier Name

Link Treasury Services

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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