--- title: "SC220274 - Treasury Advisor (1)" ocid: "ocds-b5fd17-317ec39a-d3a1-40c2-ae7f-0f3a0aceadee" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-317ec39a-d3a1-40c2-ae7f-0f3a0aceadee" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-317ec39a-d3a1-40c2-ae7f-0f3a0aceadee.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-317ec39a-d3a1-40c2-ae7f-0f3a0aceadee.json" source: "Contracts Finder" current_stage: "Award" buyer: "KENT COUNTY COUNCIL" published: "2023-03-31" --- # SC220274 - Treasury Advisor (1) Buyer: KENT COUNTY COUNCIL Current stage: Award OCID: ocds-b5fd17-317ec39a-d3a1-40c2-ae7f-0f3a0aceadee [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-317ec39a-d3a1-40c2-ae7f-0f3a0aceadee) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-317ec39a-d3a1-40c2-ae7f-0f3a0aceadee.json) ## Summary The Kent County Council has awarded a contract for treasury management services under tender SC220274. The council manages substantial investments and debt, and seeks a treasury advisor to provide strategic guidance. Interested parties were required to submit a Selection Questionnaire by 23rd January 2023. The contract period runs from 1st April 2023 to 31st March 2026, and the contract value is £0. This tender provides opportunities for businesses in the financial and insurance services industry. Companies with expertise in treasury management and investment strategies are well-suited to compete. The procurement method was an open procedure, with the tender ending on 23rd January 2023. The contract location will be in the United Kingdom, and the main procurement category is services. ## Notice The Council manages investments of some PS500m and a debt portfolio of circa PS800m. These are substantial sums of money and KCC is therefore exposed to significant financial risks including the loss of invested funds and the revenue effect of changing interest rates. KCC's strategic objective is to control and monitor these risks and minimize their impact on its revenue budget. The role of the treasury advisor is seen as being key to the Council achieving its objective. KCC is therefore seeking to appoint a treasury advisor to provide advice and guidance on its treasury management and investment strategy. The services provided must include investment advice and not just the provision of information. The Council will rely on the advice and information provided in making its own independent decisions on its treasury management and investment activities. These services supplement the Council's in-house capacity to take treasury management decisions with specialist treasury management advice enriched by high frequency contact with relevant financial institutions and their regulators and frequent consideration of a wide range of relevant sources of information and analysis relevant to the formation of such advice. Tenderers must demonstrate that they can deliver the above service specification by explaining how they would deliver each aspect of the service within each of the following sections below. Tenderers must make sure that they fully explain how the service would be delivered. Anything that is not directly relevant should not be included. Wherever possible tenderers should demonstrate how they will go further than what is being asked for, to add value. Candidates who wish to be considered for this opportunity are initially required to submit a Selection Questionnaire via the Kent Business Portal no later than 23rd January 2023. Documentation will be automatically issued on expression of interest on the Kent Business Portal. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fdabc4ed-a27e-4ade-8267-8a5d4cd1e282 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 31 Mar 2023 | | Submission deadline | 23 Jan 2023 | | Future notice date | Not specified | | Award date | 30 Mar 2023 | | Contract period | 31 Mar 2023 - 2 Apr 2023 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £350,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Not specified | | Awards status | Active | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | KENT COUNTY COUNCIL | | Locality | MAIDSTONE | | Post town | Rochester | | Postcode | ME14 1XQ | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ4 Kent | | ITL 3 | TLJ45 Mid Kent | | Local authority | Maidstone | | Electoral ward | Penenden Heath | | Westminster constituency | Maidstone and Malling | | Delivery location | TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | NONE AWARD | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services ## Release History - 31 Mar 2023 at 12:12 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fdabc4ed-a27e-4ade-8267-8a5d4cd1e282 - 31 Mar 2023 at 11:44 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e6030e84-839f-4ebb-9d96-4ffa4240bc3c - 23 Dec 2022 at 09:13 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/ca49a13d-6bbc-4e4a-aef4-ab0328b2c2a9 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/fdabc4ed-a27e-4ade-8267-8a5d4cd1e282 31st March 2023 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/e6030e84-839f-4ebb-9d96-4ffa4240bc3c 31st March 2023 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/ca49a13d-6bbc-4e4a-aef4-ab0328b2c2a9 23rd December 2022 - Opportunity notice on Contracts Finder ## Notice URLs - http://www.kent.gov.uk ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-317ec39a-d3a1-40c2-ae7f-0f3a0aceadee. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-317ec39a-d3a1-40c2-ae7f-0f3a0aceadee.json.