Published date: 22 December 2017

Last edited date: 22 December 2017

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 19 January 2018

Contract summary

Industry

  • Industry specific software package - 48100000

  • Treasury services - 66600000

Location of contract

East of England

Value of contract

£25,000 to £50,000

Procurement reference

BIP294553216

Published date

22 December 2017

Closing date

19 January 2018

Contract start date

2 April 2018

Contract end date

31 March 2023

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

NOTE: This notice was updated on 22 December 2017 for the following reason: Access Code: 85R2UZVW2BThe Corporate Finance team is responsible for managing a loan portfolio of £426m across 7 different counterparties supported by £574m worth of assets with interest costs of Circa £20m per annum. Aldwyck housing group has also entered into various complex hedging arrangements with 4 other counterparties which is supported by a further £91m of assets.

With a changing economic environment and risks associated with Brexit, we live in a time of great uncertainty and risk. The implementation of a new treasury management system fits in with the strategic goals and ambition to provide better quality of information to our executives and board, build in efficiencies and resilience. The system will give us the additional capability for modelling various risk scenarios (involving MtM, covenant breach, interest and inflation rates), streamline internal processes, get real time market data, remove dependencies on individuals and errors associated with manual processes.

More information

Links

Additional text

The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

About the buyer

Contact name

Kodor Ali

Address

Houghton Regis
Dunstable
LU5 5UZ
UK

Telephone

01582869220

Email

procurement@aldwyck.co.uk