Award

Provision of Treasury Services

EAST RENFREWSHIRE COUNCIL

This public procurement record has 2 releases in its history.

Summary of the contracting process

East Renfrewshire Council is currently engaged in the procurement process for the provision of Treasury Management Advisory Services, with the contract valued at approximately £36,500 over a period of 36 months, potentially extending to £63,000 with additional options. The procurement method being employed is the open procedure, with the tender period having ended on 13 September 2017. The buying organisation is headquartered at Eastwood HQ in Giffnock, UK, where they are seeking a sole supplier from qualified firms capable of meeting their needs in this sector.

This tender represents a significant opportunity for small to medium-sized enterprises (SMEs) specialising in financial advisory services or treasury management to grow their business within the public sector. Given the nature of the services required, companies with expertise in financial strategy, compliance with the Financial Conduct Authority, and a commitment to community benefits will find this tender particularly well-suited for their capabilities. Successful bidders may also enhance their reputational standing with local authorities, paving the way for future contracts.

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Notice Title

Provision of Treasury Services

Notice Description

East Renfrewshire Council is seeking a sole supplier from suitably qualified companies for the Provision of Treasury Management Advisory Services to East Renfrewshire Council.

Lot Information

Lot 1

East Renfrewshire Council is seeking a sole supplier from suitably qualified companies for the Provision of Treasury Management Advisory Services to East Renfrewshire Council.. The estimated value indicated is for the 36 months of the contract and does not include the option to extend for a further 2 periods of up to 12 months each. The total estimated value of the contract including the two extension periods is around GBP 63000

Renewal: 2 Further extensions of up to 12 months each at the discretion of the Council.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000508324
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT298881
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66600000 - Treasury services

Notice Value(s)

Tender Value
£36,500 Under £100K
Lots Value
£36,500 Under £100K
Awards Value
Not specified
Contracts Value
£61,250 Under £100K

Notice Dates

Publication Date
23 Oct 20178 years ago
Submission Deadline
13 Sep 2017Expired
Future Notice Date
Not specified
Award Date
11 Oct 20178 years ago
Contract Period
Not specified - Not specified
Recurrence
October 2020 but we have a further two options to extend for up to a period of 12 months each.

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
EAST RENFREWSHIRE COUNCIL
Contact Name
Mary Harvey-Welsh
Contact Email
mary.harvey-welsh@eastrenfrewshire.gov.uk, nikki.adam@eastrenfrewshire.gov.uk
Contact Phone
+44 1415773669

Buyer Location

Locality
GIFFNOCK
Postcode
G46 6UG
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM33 Inverclyde, East Renfrewshire, and Renfrewshire
Delivery Location
TLM83 Inverclyde, East Renfrewshire, and Renfrewshire

Local Authority
East Renfrewshire
Electoral Ward
Giffnock and Thornliebank
Westminster Constituency
East Renfrewshire

Supplier Information

Number of Suppliers
1
Supplier Name

CAPITA ASSET SERVICES

Further Information

Notice Documents

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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