Provision of Treasury Consultancy Services

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    "date": "2026-06-04T00:00:00Z",
    "ocid": "ocds-r6ebe6-0000833656",
    "initiationType": "tender",
    "parties": [
        {
            "id": "org-1",
            "name": "Inverclyde Council",
            "identifier": {
                "legalName": "Inverclyde Council"
            },
            "address": {
                "streetAddress": "Procurement, Municipal Buildings, Clyde Square",
                "locality": "Greenock",
                "region": "UKM83",
                "postalCode": "PA15 1LX"
            },
            "contactPoint": {
                "email": "procurement@Inverclyde.gov.uk",
                "telephone": "+44 1475717171",
                "url": "https://www.publictendersscotland.publiccontractsscotland.gov.uk"
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                        "scheme": "TED_CA_TYPE"
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                    {
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                        "description": "General public services",
                        "scheme": "COFOG"
                    }
                ],
                "url": "http://www.inverclyde.gov.uk"
            }
        },
        {
            "id": "org-2",
            "name": "Greenock Sheriff Court and Justice of the Peace Court",
            "identifier": {
                "legalName": "Greenock Sheriff Court and Justice of the Peace Court"
            },
            "address": {
                "streetAddress": "Sheriff Court House,1 Nelson Street,",
                "locality": "Greenock",
                "postalCode": "PA15 1TR"
            },
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            "roles": [
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    "buyer": {
        "name": "Inverclyde Council",
        "id": "org-1"
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    "tender": {
        "id": "CP0626/FIN",
        "title": "Provision of Treasury Consultancy Services",
        "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. 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.",
        "status": "active",
        "items": [
            {
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                "additionalClassifications": [
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                        "scheme": "CPV"
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                        "scheme": "CPV"
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                "deliveryAddresses": [
                    {
                        "region": "UKM83"
                    }
                ],
                "relatedLot": "1"
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        ],
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "mainProcurementCategory": "services",
        "submissionMethod": [
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        "submissionMethodDetails": "https://www.publictendersscotland.publiccontractsscotland.gov.uk",
        "tenderPeriod": {
            "endDate": "2026-07-01T12:00:00Z"
        },
        "awardPeriod": {
            "startDate": "2026-07-01T12:00:00Z"
        },
        "documents": [
            {
                "id": "JUN557295",
                "documentType": "contractNotice",
                "title": "Provision of Treasury Consultancy Services",
                "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. 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.",
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        "lots": [
            {
                "id": "1",
                "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. 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.",
                "status": "active",
                "hasOptions": false,
                "submissionTerms": {
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                "contractPeriod": {
                    "startDate": "2026-08-10T00:00:00Z",
                    "endDate": "2029-08-09T00:00:00Z"
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "Option to extend for further 12 months until 9th August 2030 with a further option to extend until 9th August 2031."
                }
            }
        ],
        "bidOpening": {
            "date": "2026-07-01T12:00:00Z"
        },
        "coveredBy": [
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        "selectionCriteria": {
            "criteria": [
                {
                    "type": "suitability",
                    "description": "4C.6 Bidders must be authorised and regulated by the Financial Conduct Authority."
                },
                {
                    "type": "economic",
                    "description": "4B.1.2 Inverclyde Council will check the financial status of applicants by means of a Dun and Bradstreet assessment. In order to be considered, applicants must achieve one of the following:",
                    "minimum": "(a) Where the tenderers Dun & Bradstreet risk indicator is 3, the annual contract value should also be less than 50% of the tenderers average turnover over the preceding 2 years (with audited accounts dated within 24 months of the date of the financial check). OR (b) Where the tenderers Dun & Bradstreet risk indicator is 2 or better, the annual contract value should also be less than 75% of the tenderers average turnover over the preceding 2 years (with audited accounts dated within 21 months of the date of the financial check). PLEASE NOTE THE IMPORTANT GUIDANCE TO BIDDERS BELOW: APPLICANTS ARE STRONGLY ADVISED TO SATISFY THEMSELVES THAT THEY MEET THESE CRITERIA AS FAILURE OF THE FINANCIAL CHECK WILL MEAN THAT THEIR APPLICATION WILL NOT BE CONSIDERED FURTHER. APPLICANTS SHOULD ALSO SATISFY THEMSELVES THAT THEIR DUN AND BRADSTREET RATINGS ARE CORRECT AND IT IS THE APPLICANT'S RESPONSIBILITY TO RAISE ANY QUERIES WITH DUN AND BRADSTREET IF THEY FEEL A CORRECTION IS REQUIRED. THE COUNCIL WILL RELY ON THE RISK RATING IT OBTAINS AT THE TIME IT PERFORMS THE D&B FINANCIAL CHECK. You must provide your average yearly turnover for the last 2 years. Turnover must be provided from your audited accounts. Turnover from unaudited accounts or part year turnover will not be accepted. If you are unable to provide the turnover information required due to being exempt from submission of full audited accounts, please provide an explanation on why you are exempt in response to this question. If you have responded that you are exempt from submitting full audited accounts, please confirm that you will be prepared to submit alternative information and documentation on your financial position should this be required at any point. This information could be required at selection or in the event that the bidder is identified as the preferred bidder. 4B.5.1a/4B.5.1b/4B.5.2 It is a requirement of this contract that bidders hold, or can commit to obtain prior to the commencement of any subsequently awarded contract, the types and minimum levels of insurance indicated below: Employer's (Compulsory) Liability Insurance = 5M GBP Public Liability Insurance = 10M GBP Professional Indemnity Insurance = 10M GBP"
                },
                {
                    "type": "technical",
                    "description": "4C.1.2 Bidders must provide 2 examples of services carried out in the past 3 years of similar size and nature that demonstrate that they have the relevant experience to deliver the services required as per the Specification for this contract opportunity."
                }
            ]
        },
        "submissionTerms": {
            "languages": [
                "en"
            ],
            "bidValidityPeriod": {
                "durationInDays": 120
            }
        },
        "classification": {
            "id": "66600000",
            "scheme": "CPV"
        },
        "hasRecurrence": true,
        "recurrence": {
            "description": "If all extensions utilised further notices will be published in 2031."
        }
    },
    "language": "EN",
    "description": "Tenderers will be required to return with their submission a completed Data Protection Certificate, FOI Certificate, No Collusion Certification, S1 Equalities Questionnaire, S2 Equalities Declaration, Prompt Payment Certificate and Tender Declaration Certificate. It will also be a condition of contract that Tenderers comply with Inverclyde Council's General Conditions of Contract, Special Conditions of Contract, Specification and Contract Information for Tenderers. The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 31971. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 Community benefits are included in this requirement. For more information see: https://www.gov.scot/policies/public-sector-procurement/community-benefits-in-procurement/ A summary of the expected community benefits has been provided as follows: Asummary of the expected community benefits has been provided as follows: Social Value Points expectation for a contract of this value and duration is 40. It will be a contractual requirement that the successful tenderer deliver the Community Benefits offered during the contract period. (SC Ref:833656)",
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