LGSS Treasury Consultancy and Investment Advisory Service Framework.
Northamptonshire County Council · East Midlands
Key facts
- Contract value
- £65,950
- Awarded
- 10 Oct 2016
- Contract starts
- 01 Nov 2016
- Contract ends
- 31 Oct 2018
- Procedure
- Open procedure
- Buyer type
- Local government
Awarded to
| Supplier | Value |
|---|---|
| Link Treasury Services Limited | £65,950 |
Description
The successful Potential Provider will be responsible for providing this service and liaising closely with theContract Manager identified by the Authorities. The Councilsâ current Treasury Advisory contracts and Framework Agreement are due for renewal in November2016. In this instance the Councils are collaborating on a joint procurement for Councils within LGSS family, toreduce tendering costs and to generate efficiencies for all parties. The LGSS Treasury Team is one fully integrated team providing treasury management activities forNorthamptonshire County Council, Cambridgeshire County Council, Milton Keynes Council and Northampton Borough Council. Information will flow freely across members of the team and senior officers within theLGSS organisation in respect of all treasury management activities and the advice we procure from external organisations. This Framework Agreement is initially for 2 years, with an option to extend for a further 2 years. Potential Providers are asked to note that this is a collaborative procurement involving Northamptonshire County Council and Cambridgeshire County Council and Northampton Borough Council as LGSS Finance currently provides Treasury Services to thoseauthorities.
Additional information: DN170379 Providers must submit their Tender via the LGSS eSourcing Portal (Due North) no later than Midday/12:00 on Monday 12th September 2016. It is difficult to predict the exact value of this contract as the Authoritiesâ requirements are likely to vary over the Framework term, but it is estimated that the total value will not be less than £39,000 or greater than £1,000,000.The higher level figure is provided as an indicative figure should other bodies access the framework. Cambridgeshire County Council, Northampton Borough Council and Northamptonshire County Council shall call-off the framework agreement after its completion for a period of 2 years with option to extend for 2 further years. Norwich City Council may also wish to call-off this arrangement but no guarantee can be provided at this point in time. Milton Keynes Council currently has an existing agreement that they shall continue to utilise until thatarrangement ends and then review their options.
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