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Treasury Consultancy Services

Inverclyde Council

This public procurement record has 2 releases in its history.

Award

03 Sep 2019 at 01:00

PCS Notice - Website Contract Award Notice
Tender

24 Jun 2019 at 01:00

PCS Notice - Website Contract Notice
Summary of the contracting process

The procurement process initiated by Inverclyde Council is for the provision of Treasury Consultancy Services, aiming to secure expert management advice for their operations. The tender process is currently at the active tender stage, with an end date set for 15th July 2019. The contracting authority, located at Corporate Procurement, Municipal Buildings, Clyde Square, Greenock, UK, is focusing on suppliers with relevant qualifications and experience in treasury management within the general public services sector. The chosen procurement method is an open procedure, allowing a competitive bidding environment.

This opportunity presents significant growth potential for businesses specialising in financial services, particularly those offering treasury management or financial consultancy. Small to medium-sized enterprises (SMEs) that are authorised and regulated by the Financial Conduct Authority would be well-suited to compete in this tender. Applicants are expected to meet specific financial and technical criteria, ensuring they are capable of providing high-quality services that align with the Inverclyde Council's needs for effective risk management and compliance with legislation.

How relevant is this notice?

Notice Information

Notice Title

Treasury Consultancy Services

Notice Description

Inverclyde Council require a suitably qualified and experienced supplier to provide treasury management advice to support the full range of the Council's activities.

Lot Information

Lot 1

Inverclyde Council require a suitably qualified and experienced supplier to provide treasury management advice to support the full range of the Council's activities. The successful supplier will advise officers and members to ensure compliance with treasury management legislation and best practice, effective risk management in treasury management decisions and best value in treasury management.. Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 8 and 9 of the Procurement (Scotland) Regulations 2016.

Renewal: Initial contract duration 36 months with option to extend for a further 3 consecutive 12 month periods.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000582742
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP365003
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

66171000 - Financial consultancy services

66600000 - Treasury services

Notice Value(s)

Tender Value
£97,500 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£87,000 Under £100K

Notice Dates

Publication Date
3 Sep 20196 years ago
Submission Deadline
15 Jul 2019Expired
Future Notice Date
Not specified
Award Date
7 Aug 20197 years ago
Contract Period
Not specified - Not specified
Recurrence
August 2022 if no extension period activated. August 2023 if 1st extension period activated. August 2024 if 2nd extension period activated. August 2025 if 3rd extension period activated.

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Inverclyde 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
GREENOCK
Postcode
PA15 1LX
Postcode Area
Paisley
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
Inverclyde
Electoral Ward
Inverclyde North
Westminster Constituency
Inverclyde and Renfrewshire West

Supplier Information

Number of Suppliers
1
Supplier Name

Link Treasury Services Limited

Further Information

Notice Documents

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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