Award

Provision of Treasury Management Services

BARCUD SHARED SERVICES

This public procurement record has 2 releases in its history.

Award

22 Oct 2024 at 08:39

S2W Notice - Website Contract Award Notice
Tender

18 Jan 2024 at 13:33

S2W Notice - Website Invitation to Tender Notice
Summary of the contracting process

Barcud Shared Services, based in Cardiff, has initiated a procurement process for the Provision of Treasury Management Services, targeting the corporate finance and venture capital services industry. The procurement covers several key areas including Treasury Management Policy, Strategy, Market Data Analysis, Loan Advice & Negotiation, and Investment Advice. The start date for the services is 1st April 2024 for Merthyr Valleys Homes and Valleys to Coast, and 3rd June 2024 for Bron Afon. The contract is set for a duration of three years with the possibility of two additional years (3+1+1). The tender process utilised an open procurement method, culminating in the award to Link Treasury Services Limited as of 4th April 2024.

This tender presents significant growth opportunities for businesses specialising in financial consultancy, particularly those with capabilities in treasury management and corporate finance. Companies that have extensive experience in developing and advising on financial strategies, market data analysis, loan negotiation, and investment can greatly benefit from this contract. Ideal candidates for this opportunity would possess strong industry-specific qualifications and the required insurances, namely employer's liability, public liability, and professional indemnity. The contract conditions include delivering community benefits, aligning with Barcud Shared Services' economic and social objectives, making this an attractive opportunity for businesses that can demonstrate both financial acumen and a commitment to community development.

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Notice Information

Notice Title

Provision of Treasury Management Services

Notice Description

Our clients requirement for Treasury Management Services.Our clients require a suitably qualified and experienced management service to help develop, support and advise on various aspects outlined below:* Treasury Management Policy* Treasury Management Strategy* Market Data Analysis* Loan Advice & Negotiation* Investment AdviceThe start date for Merthyr Valleys Homes and Valleys to Coast shall be 1st April 2024 and the start date for Bron Afon will be 3rd June 2024.Contract duration will be for 3 years with the option to extend for up to a period of 2 x 12-month periods or part of (3+1+1)Tenderers will need to ensure that they have the following insurances in place to fulfil this contract:* Employers liability 10 million* Public liability 5 million* Professional indemnity 2 million

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-138171
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=138171
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
S2W Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66122000 - Corporate finance and venture capital services

66190000 - Loan brokerage services

66600000 - Treasury services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 Oct 20241 years ago
Submission Deadline
15 Feb 2024Expired
Future Notice Date
Not specified
Award Date
4 Apr 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BARCUD SHARED SERVICES
Contact Name
Procurement, Procurement Team
Contact Email
Not specified
Contact Phone
+44 7557344854

Buyer Location

Locality
CARDIFF
Postcode
CF24 2SA
Post Town
Cardiff
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL52 Cardiff and Vale of Glamorgan
Delivery Location
Not specified
Local Authority
Cardiff
Electoral Ward
Splott
Westminster Constituency
Cardiff South and Penarth

Supplier Information

Number of Suppliers
1
Supplier Name

LINK TREASURY SERVICES

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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