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Treasury Management Consultancy Service

Renfrewshire Council

This public procurement record has 2 releases in its history.

Award

17 Jun 2025 at 01:00

PCS Notice - Website Contract Award Notice
Tender

12 Feb 2025 at 00:00

PCS Notice - Website Contract Notice
Summary of the contracting process

Renfrewshire Council has recently completed the award of a contract for Treasury Management Consultancy Service, located in Paisley, Scotland, under the industry category of general public services. The procurement was conducted using an open procedure with the aim of enhancing the council’s treasury management strategies and ensuring compliance with CIPFA's best practices. The contract, awarded to MUFG Corporate Markets, commenced on 1st April 2025, following an award announcement on 12th June 2025. It involves various consultancy services, including treasury risk reviews and monthly economic forecasts, within the area covered by region UKM83.

This tender presents substantial growth opportunities for businesses specialising in financial consultancy and treasury management, especially those proficient in handling public sector contracts and capable of delivering strategic financial advice. Small and medium-sized enterprises (SMEs) in this sector could find this tender particularly beneficial, given the provision for offering specialised training and forecasts that can significantly bolster Renfrewshire Council's operational efficiency. The requirement for industry-specific knowledge suggests that businesses with a strong track record in financial governance and advisory roles are well-suited to compete in similar future procurements.

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Notice Information

Notice Title

Treasury Management Consultancy Service

Notice Description

Contract Award Notice for Treasury Management Consultancy Service. The Renfrewshire Council (the Council) seeks to appoint a suitably qualified Service Provider to provide a Treasury Management Consultancy Service. The Service Provider will be expected to maintain full compliance with CIPFA's published best practice; improve the Council's treasury management strategy; carry out an annual treasury risk review and treasury procedures health check, provide monthly economic and interest rate forecasts and market bulletins and provide general training for Elected Members and Council Officers. The Tender Documents including the Specification can be located in Public Contract Scotland Tenders System.

Lot Information

Lot 1

Renfrewshire Council is seeking to appoint a suitably qualified Service Provider to provide a Treasury Management Consultancy Service. The appointed Service Provider will be expected to assist the Council with the following: - Maintaining full compliance with CIPFA's published best practice - Improve the Council's treasury management strategy - Carrying out an annual treasury risk review and treasury procedures health check - Provide proactive and timely advice on debt structure and borrowing options, cash and investment issues, counterparty assessment and related accounting arrangements - Provide monthly economic and interest rate forecasts and market bulletins, as well as a general helpline and treasury training provided to officers and elected members. - Provide general training for Elected Members and Council officers. The Specification can be found in the Tender Documents in Public Contract Scotland Tenders System. It is anticipated that the Contract will commence on the 1st April 2025 however if the Contract does not commence on this date, the date will be confirmed in the Letter of Acceptance.

Renewal: option to extend for up to a further 2 x 12 months at the sole discretion of the Council.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000789515
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN532719
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
£85,000 Under £100K
Lots Value
£85,000 Under £100K
Awards Value
Not specified
Contracts Value
£95,000 Under £100K

Notice Dates

Publication Date
17 Jun 20251 years ago
Submission Deadline
5 Mar 2025Expired
Future Notice Date
Not specified
Award Date
12 Jun 20251 years ago
Contract Period
Not specified - Not specified
Recurrence
if this contract has to be renewed, the tender documents will be published December 2029

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Renfrewshire 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
PAISLEY
Postcode
PA1 1JB
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
Renfrewshire
Electoral Ward
Paisley East and Central
Westminster Constituency
Paisley and Renfrewshire South

Supplier Information

Number of Suppliers
1
Supplier Name

MUFG Corporate Markets

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB523809
    Treasury Management Consultancy Service - The Renfrewshire Council (the Council) seeks to appoint a suitably qualified Service Provider to provide a Treasury Management Consultancy Service. The Service Provider will be expected to maintain full compliance with CIPFA's published best practice; improve the Council's treasury management strategy; carry out an annual treasury risk review and treasury procedures health check, provide monthly economic and interest rate forecasts and market bulletins and provide general training for Elected Members and Council Officers. The Tender Documents including the Specification can be located in Public Contract Scotland Tenders System.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN532719
    Treasury Management Consultancy Service - Contract Award Notice for Treasury Management Consultancy Service. The Renfrewshire Council (the Council) seeks to appoint a suitably qualified Service Provider to provide a Treasury Management Consultancy Service. The Service Provider will be expected to maintain full compliance with CIPFA's published best practice; improve the Council's treasury management strategy; carry out an annual treasury risk review and treasury procedures health check, provide monthly economic and interest rate forecasts and market bulletins and provide general training for Elected Members and Council Officers. The Tender Documents including the Specification can be located in Public Contract Scotland Tenders System.

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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