--- title: "SC230044 - Treasury Advisor Service" ocid: "ocds-b5fd17-ddaa0166-b488-4bbb-a277-1e8435ebc18f" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-ddaa0166-b488-4bbb-a277-1e8435ebc18f" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-ddaa0166-b488-4bbb-a277-1e8435ebc18f.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-ddaa0166-b488-4bbb-a277-1e8435ebc18f.json" source: "Contracts Finder" current_stage: "Award" buyer: "KENT COUNTY COUNCIL" published: "2024-05-08" --- # SC230044 - Treasury Advisor Service Buyer: KENT COUNTY COUNCIL Current stage: Award OCID: ocds-b5fd17-ddaa0166-b488-4bbb-a277-1e8435ebc18f [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-ddaa0166-b488-4bbb-a277-1e8435ebc18f) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-ddaa0166-b488-4bbb-a277-1e8435ebc18f.json) ## Summary The Kent County Council has awarded the contract for the Treasury Advisor Service with a value of £200,000 to Link Treasury Services Limited. This award was published on 08/05/2024, with a contract period starting on 09/05/2024 and ending on 01/06/2026. The procurement stage was in an award status under the Open procedure method within the Financial and insurance services category. The contract involves managing investments and debt portfolios for the council based in Maidstone, England. This tender presents an opportunity for financial and insurance services firms with expertise in treasury management to engage with Kent County Council. Businesses with a strong track record in advising local authorities on treasury management and financial risks would be well-suited to compete. The tender process requires interested candidates to submit a Selection Questionnaire (SQ) and complete the Invitation to Tender (ITT) pack via the Kent Business Portal before the deadline of 28/04/2023. ## Notice Kent County Council (KCC) 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 Council is looking for an advisor with demonstrable Treasury Management skills and a long track record of successfully advising local authorities in this area. 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. Further details of the services required by KCC can be found in the Invitation to Tender available on the Kent Business Portal (www.kentbusinessportal.org.uk) Candidates who wish to be considered for this opportunity are required to submit a Selection Questionnaire (SQ) and complete the Invitation to Tender (ITT) pack via the Kent Business Portal no later than 28/04/2023 This notice is to replace the SC220274 notice as that procurement had to be cancelled due to material changes being required to the service to meet the needs of KCC. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1bfaede6-a558-476c-a981-1be9cbc11961 | | 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 | 8 May 2024 | | Submission deadline | 27 Apr 2023 | | Future notice date | Not specified | | Award date | 2 May 2024 | | Contract period | 8 May 2024 - 1 Jun 2026 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £150,000 | | Lots value | Not specified | | Awards value | £200,000 | | 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 | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | LINK TREASURY SERVICES | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services ## Release History - 8 May 2024 at 07:30 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1bfaede6-a558-476c-a981-1be9cbc11961 - 31 Mar 2023 at 10:47 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/715e1428-69a4-42c2-b1f6-2ba8b4f9d2d5 - 30 Mar 2023 at 09:55 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/56ad8db4-9b98-49f0-a5c1-a9cc65086f5a ## Documents - https://www.contractsfinder.service.gov.uk/Notice/1bfaede6-a558-476c-a981-1be9cbc11961 8th May 2024 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/715e1428-69a4-42c2-b1f6-2ba8b4f9d2d5 31st March 2023 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/56ad8db4-9b98-49f0-a5c1-a9cc65086f5a 30th March 2023 - 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-ddaa0166-b488-4bbb-a277-1e8435ebc18f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-ddaa0166-b488-4bbb-a277-1e8435ebc18f.json.