Award

Provision of Treasury Management Advisory Services

THE HIGHLAND COUNCIL

This public procurement record has 2 releases in its history.

Award

06 Jan 2026 at 00:00

Tender

08 Oct 2025 at 00:00

Summary of the contracting process

The Highland Council is currently in the tender stage for the provision of Treasury Management Advisory Services. This procurement process, identified by the code HC/COR/TM/2025, is conducted through an open procedure and falls under the industry category of services. The council is seeking a service provider for a contract duration of three years, with the possibility of a 12-month extension, in Inverness, Scotland (region UKM50). The tender process began on the 8th of October 2025, and interested parties must submit their electronic bids by the deadline of 7th November 2025 at 5:00 PM. The contract value is estimated at £88,000, reflecting the comprehensive scope of the advisory services required.

This tender offers substantial business growth opportunities, particularly for firms experienced in financial advisory services and authorised by the Financial Conduct Authority (FCA). Companies that can demonstrate a robust track record in treasury management, with adequate insurance coverage and financial stability, are encouraged to participate. The evaluation criteria will focus heavily on quality (70%) and price (30%), making it crucial for potential bidders to present detailed, high-quality proposals. Businesses with expertise in providing similar services to regional or local authorities will be well-positioned to benefit from this contract, especially those capable of delivering consistently high standards of service throughout the contract period and who can outline effective and innovative treasury management strategies.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Provision of Treasury Management Advisory Services

Notice Description

The Highland Council are inviting tenders for Treasury Management Advisory Services for a three-year period, with an option to extend by a further period of up to twelve months.

Lot Information

Lot 1

The Highland Council are inviting tenders for Treasury Management Advisory Services for a three-year period, with an option to extend by a further period of up to twelve months.

Options: 1 x12 month extension period

Renewal: 12 month option to extend

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000811935
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN546566
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - 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
£88,000 Under £100K
Lots Value
£88,000 Under £100K
Awards Value
Not specified
Contracts Value
£82,140 Under £100K

Notice Dates

Publication Date
6 Jan 20261 months ago
Submission Deadline
7 Nov 2025Expired
Future Notice Date
Not specified
Award Date
23 Dec 20252 months ago
Contract Period
Not specified - Not specified
Recurrence
September 2029

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE HIGHLAND 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
INVERNESS
Postcode
IV3 5NX
Post Town
Inverness
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM2 Highlands and Islands
Small Region (ITL 3)
TLM20 Highlands and Islands
Delivery Location
TLM6 Highlands and Islands

Local Authority
Highland
Electoral Ward
Inverness West
Westminster Constituency
Inverness, Skye and West Ross-shire

Supplier Information

Number of Suppliers
1
Supplier Name

MUFG CORPORATE MARKETS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-r6ebe6-0000811935-2026-01-06T00:00:00Z",
    "date": "2026-01-06T00:00:00Z",
    "ocid": "ocds-r6ebe6-0000811935",
    "initiationType": "tender",
    "parties": [
        {
            "id": "org-27",
            "name": "The Highland Council",
            "identifier": {
                "legalName": "The Highland Council"
            },
            "address": {
                "streetAddress": "Glenurquhart Road",
                "locality": "Inverness",
                "region": "UKM6",
                "postalCode": "IV3 5NX"
            },
            "contactPoint": {
                "email": "cpssprocurement@aberdeencity.gov.uk",
                "telephone": "+44 1467530600",
                "url": "http://www.publiccontractsscotland.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "classifications": [
                    {
                        "id": "Regional or local authority",
                        "scheme": "TED_CA_TYPE"
                    },
                    {
                        "id": "01",
                        "description": "General public services",
                        "scheme": "COFOG"
                    }
                ],
                "url": "http://www.highland.gov.uk"
            }
        },
        {
            "id": "org-28",
            "name": "Inverness Sheriff Court",
            "identifier": {
                "legalName": "Inverness Sheriff Court"
            },
            "address": {
                "streetAddress": "Longman Road",
                "locality": "Inverness",
                "postalCode": "IV1 1AH"
            },
            "contactPoint": {
                "url": "http://"
            },
            "roles": [
                "reviewBody"
            ]
        },
        {
            "id": "org-79",
            "name": "The Highland Council",
            "identifier": {
                "legalName": "The Highland Council"
            },
            "address": {
                "streetAddress": "Glenurquhart Road",
                "locality": "Inverness",
                "region": "UKM50",
                "postalCode": "IV3 5NX"
            },
            "contactPoint": {
                "name": "Commercial and Procurement Shared Service",
                "email": "CPSSprocurement@aberdeencity.gov.uk",
                "telephone": "+44 1467530600",
                "url": "http://"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "classifications": [
                    {
                        "id": "Regional or local authority",
                        "scheme": "TED_CA_TYPE"
                    },
                    {
                        "id": "01",
                        "description": "General public services",
                        "scheme": "COFOG"
                    }
                ],
                "url": "http://www.highland.gov.uk"
            }
        },
        {
            "id": "org-80",
            "name": "MUFG Corporate Markets",
            "identifier": {
                "legalName": "MUFG Corporate Markets"
            },
            "address": {
                "streetAddress": "19th Floor, 51 Lime Street",
                "locality": "London",
                "region": "UKI",
                "postalCode": "EC3M 7DQ"
            },
            "contactPoint": {
                "email": "sandy.flight@mpms.mufg.com",
                "telephone": "+44 7710504730"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "sme",
                "url": "http://"
            }
        },
        {
            "id": "org-81",
            "name": "Inverness Sheriff Court",
            "identifier": {
                "legalName": "Inverness Sheriff Court"
            },
            "address": {
                "locality": "Inverness"
            },
            "contactPoint": {
                "url": "http://"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "name": "The Highland Council",
        "id": "org-79"
    },
    "tender": {
        "id": "HC/COR/TM/2025",
        "title": "Provision of Treasury Management Advisory Services",
        "description": "The Highland Council are inviting tenders for Treasury Management Advisory Services for a three-year period, with an option to extend by a further period of up to twelve months.",
        "status": "complete",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "id": "66600000",
                        "scheme": "CPV"
                    }
                ],
                "deliveryLocation": {
                    "description": "Inverness"
                },
                "deliveryAddresses": [
                    {
                        "region": "UKM6"
                    },
                    {
                        "region": "UKM6"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "value": {
            "amount": 88000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "mainProcurementCategory": "services",
        "submissionMethod": [
            "electronicSubmission"
        ],
        "submissionMethodDetails": "https://www.publiccontractsscotland.gov.uk/authority/noticecreate/Question602.aspx?ID=811935",
        "tenderPeriod": {
            "endDate": "2025-11-07T17:00:00Z"
        },
        "awardPeriod": {
            "startDate": "2025-11-07T17:00:00Z"
        },
        "documents": [
            {
                "id": "OCT540991",
                "documentType": "contractNotice",
                "title": "Provision of Treasury Management Advisory Services",
                "description": "The Highland Council are inviting tenders for Treasury Management Advisory Services for a three-year period, with an option to extend by a further period of up to twelve months.",
                "url": "https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT540991",
                "format": "text/html"
            },
            {
                "id": "OCT540991-1",
                "title": "Invitation to Tender",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT540991&idx=1",
                "datePublished": "2025-10-08T14:35:06Z",
                "dateModified": "2025-10-08T14:35:06Z",
                "format": "application/pdf"
            },
            {
                "id": "OCT540991-2",
                "title": "Appendix 1 - Award Questionnaire",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT540991&idx=2",
                "datePublished": "2025-10-08T14:35:06Z",
                "dateModified": "2025-10-08T14:35:06Z",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "OCT540991-3",
                "title": "Appendix 2 - Pricing Schedule",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT540991&idx=3",
                "datePublished": "2025-10-08T14:35:06Z",
                "dateModified": "2025-10-08T14:35:06Z",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "OCT540991-4",
                "title": "Appendix 3 - Certificate & Declaration",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT540991&idx=4",
                "datePublished": "2025-10-08T14:35:06Z",
                "dateModified": "2025-10-08T14:35:06Z",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "OCT540991-5",
                "title": "Appendix 4 - Terms and conditions",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT540991&idx=5",
                "datePublished": "2025-10-08T14:35:06Z",
                "dateModified": "2025-10-08T14:35:06Z",
                "format": "application/pdf"
            },
            {
                "id": "OCT540991-6",
                "title": "Appendix 5 - Supplier Questionnaire Business Continuity",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT540991&idx=6",
                "datePublished": "2025-10-08T14:35:07Z",
                "dateModified": "2025-10-08T14:35:07Z",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "OCT540991-7",
                "title": "Latest investments and debts",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT540991&idx=7",
                "datePublished": "2025-10-22T14:43:50Z",
                "dateModified": "2025-10-22T14:43:50Z",
                "format": "application/vnd.openxmlformats-officedocument.spreadsheetml.sheet"
            },
            {
                "id": "JAN546566",
                "documentType": "awardNotice",
                "title": "Provision of Treasury Management Advisory Services",
                "description": "The Highland Council are inviting tenders for Treasury Management Advisory Services for a three-year period, with an option to extend by a further period of up to twelve months.",
                "url": "https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN546566",
                "format": "text/html"
            }
        ],
        "lots": [
            {
                "id": "1",
                "description": "The Highland Council are inviting tenders for Treasury Management Advisory Services for a three-year period, with an option to extend by a further period of up to twelve months.",
                "status": "complete",
                "value": {
                    "amount": 88000,
                    "currency": "GBP"
                },
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "quality",
                            "name": "Quality",
                            "description": "70"
                        },
                        {
                            "type": "price",
                            "description": "30"
                        },
                        {
                            "type": "quality",
                            "name": "Quality",
                            "description": "70"
                        },
                        {
                            "type": "price",
                            "description": "30"
                        }
                    ]
                },
                "options": {
                    "description": "1 x12 month extension period"
                },
                "hasOptions": true,
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "contractPeriod": {
                    "durationInDays": 1080
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "12 month option to extend"
                }
            }
        ],
        "bidOpening": {
            "date": "2025-11-07T17:00:00Z",
            "address": {
                "streetAddress": "Inverness"
            }
        },
        "contractTerms": {
            "hasElectronicPayment": true,
            "hasElectronicOrdering": true,
            "electronicInvoicingPolicy": "allowed"
        },
        "coveredBy": [
            "GPA"
        ],
        "otherRequirements": {
            "requiresStaffNamesAndQualifications": true
        },
        "selectionCriteria": {
            "criteria": [
                {
                    "type": "suitability",
                    "description": "The Service Provider must be authorised and regulated by the Financial Conduct Authority (\"FCA\") and is entered on the FCA register."
                },
                {
                    "type": "economic",
                    "description": "The Bidder is required to provide the Authority with the following; - \"general\" yearly turnover for the last financial three (3) years in the business area covered by the Contract; SPD 4B1a \"specific\" turnover for the last financial three (3) years in the business area covered by the Contract; SPD 4B2a The Authority will undertake a credit rating review of the successful bidder. If in the opinion of the Authority there is too great a risk involved in contracting with an organisation, then the organisation shall Fail the Qualification - SPD.",
                    "minimum": "Minimum level(s) of standards required: The Contractor must hold (or be willing to arrange) the following insurances throughout the duration of any contract with the Authority: - Employers Liability Insurance of not less than 5 MILLION POUNDS (GBP 5,000,000) STERLING in respect of each claim, without limit to number of claims and to comply with all relevant statutory requirements; - Public Liability Insurance of not less than 5 MILLION POUNDS (GBP 5,000,000) STERLING in respect of each claim, without limit to number of claims; - Professional Indemnity Insurance to the value of 2 million pounds (GBP 2,000,000) STERLING in respect of each claim, without limit to number of claims"
                },
                {
                    "type": "technical",
                    "description": "The Service Provider must be authorised and regulated by the Financial Conduct Authority (\"FCA\") and is entered on the FCA register. The Service Provider shall ensure that all personnel and other persons providing the Services are at all times properly and sufficiently qualified, competent, careful, skilled, honest, experienced, instructed and supervised as the case may be with regard to the Services and in particular to ensure adequate discharge of the Service Provider's obligation in relation to: - The task or tasks such a person has to perform; - All relevant provisions of the agreement; and - All relevant policies, rules, procedures and standards of the Council"
                },
                {
                    "type": "technical",
                    "description": "Execution of the service is reserved to a particular profession"
                }
            ]
        },
        "submissionTerms": {
            "languages": [
                "en"
            ],
            "bidValidityPeriod": {
                "durationInDays": 120
            }
        },
        "classification": {
            "id": "66600000",
            "scheme": "CPV"
        },
        "hasRecurrence": true,
        "recurrence": {
            "description": "September 2029"
        },
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        }
    },
    "language": "EN",
    "description": "(SC Ref:819763)",
    "links": [
        {
            "rel": "canonical",
            "href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000811935"
        },
        {
            "rel": "canonical",
            "href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000811935"
        }
    ],
    "noticetype": "OJEU - F3 - Contract Award Notice",
    "awards": [
        {
            "id": "HC/COR/TM/2025",
            "suppliers": [
                {
                    "id": "org-80",
                    "name": "MUFG Corporate Markets"
                }
            ],
            "relatedLots": [
                "1"
            ]
        }
    ],
    "contracts": [
        {
            "id": "HC/COR/TM/2025",
            "awardID": "HC/COR/TM/2025",
            "status": "active",
            "value": {
                "amount": 82140,
                "currency": "GBP"
            },
            "dateSigned": "2025-12-23T00:00:00Z"
        }
    ],
    "relatedProcesses": [
        {
            "id": "1",
            "relationship": [
                "planning"
            ],
            "scheme": "EU-OJ",
            "identifier": "2025/S 000-063339"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "286",
                "measure": "bids",
                "value": 2,
                "relatedLot": "1"
            },
            {
                "id": "287",
                "measure": "smeBids",
                "value": 2,
                "relatedLot": "1"
            },
            {
                "id": "288",
                "measure": "foreignBidsFromEU",
                "value": 0,
                "relatedLot": "1"
            },
            {
                "id": "289",
                "measure": "foreignBidsFromNonEU",
                "value": 2,
                "relatedLot": "1"
            },
            {
                "id": "290",
                "measure": "electronicBids",
                "value": 2,
                "relatedLot": "1"
            }
        ]
    }
}