Award

Treasury Management Advisory Service

NORTH LANARKSHIRE COUNCIL

This public procurement record has 2 releases in its history.

Summary of the contracting process

North Lanarkshire Council is seeking proposals for a Treasury Management Advisory Service, a contract valued at £80,000, located in Motherwell, North Lanarkshire. The open tender process is currently active and the deadline for submissions is 19th March 2020, with bids to be submitted electronically via the PCS-Tender system. The procurement is classified under the services category, specifically focusing on general public services, and the council aims to find a supplier who can manage its loan debt, capital funding, and daily cash balances efficiently.

This tender offers an excellent opportunity for financial consultancy firms and specialist advisory services to engage with a local authority, which could facilitate the growth of businesses with expertise in treasury management and public financial administration. Companies that have experience in delivering bespoke advisory solutions, particularly those familiar with adherence to regulatory frameworks and methods of reporting, stand to benefit significantly from this contract. Moreover, qualifications related to professional insurance and established client portfolios will be crucial for interested bidders.

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Notice Title

Treasury Management Advisory Service

Notice Description

North Lanarkshire Council (the "Authority") wishes to establish a contract for Treasury Management Advisory Services.

Lot Information

Lot 1

The following information is intended to give Candidates and overview of the high level requirements. . The Authority is seeking a Treasury Management Advisory service, tailored to meet their specific requirements, that includes the provision of specialist skills and resources to advise the Treasury Management Section: -in managing the Authority's loan debt and investment portfolio; -secure capital funding; and, -manage daily cash balances at a cost demonstrating value for money. . The Contract must be carried out in accordance with the information provided within this Contract Notice and the following documents contained within the PCS-T tendering system; Invitation to Tender (ITT) Document and the Council's General Conditions of Contract. . Tenders must be submitted for the full requirements; only tenders submitted on this basis will be considered. . Tenderers must respond to a range of Selection Questions within the PCS-T Qualification Envelope. . Tenderers must download and complete a range of Award based questions and statements located within the PCS-T Technical Envelope. . Tenderers must download and complete a Pricing Schedule that is located within the PCS-T Commercial Envelope. .. PLEASE BE AWARE OF THE EXCLUSION GROUNDS. 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: The initial period of the Contract will be 36 months with the option for the Authority to extend for up to a further 12 months. The extension period will be at the Authority's sole discretion.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000616246
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN387794
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

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

Notice Value(s)

Tender Value
£80,000 Under £100K
Lots Value
£80,000 Under £100K
Awards Value
Not specified
Contracts Value
£72,800 Under £100K

Notice Dates

Publication Date
8 Jun 20205 years ago
Submission Deadline
19 Mar 2020Expired
Future Notice Date
Not specified
Award Date
8 Jun 20205 years ago
Contract Period
Not specified - Not specified
Recurrence
12 months prior to the expiry of the initial contract unless the contract is extended, it will be 12 months later.

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NORTH LANARKSHIRE COUNCIL
Contact Name
Corporate Procurement
Contact Email
corporateprocurement@northlan.gov.uk
Contact Phone
+44 1698403876

Buyer Location

Locality
MOTHERWELL
Postcode
ML1 1AB
Post Town
Motherwell
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM34 North Lanarkshire
Delivery Location
TLM84 North Lanarkshire

Local Authority
North Lanarkshire
Electoral Ward
Motherwell South East and Ravenscraig
Westminster Constituency
Motherwell, Wishaw and Carluke

Supplier Information

Number of Suppliers
1
Supplier Name

ARLINGCLOSE

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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