Published date: 3 April 2017

Closed future opportunity - This means that a potential contract has passed its approach to market date. A buyer can choose to consider any supplier interest or convert this notice into an opportunity ready for live procurement.


Approach to market date: 3 April 2017

Contract summary

Industry

  • Treasury services - 66600000

Location of contract

Wales

Value of contract

£41,000

Procurement reference

DPP/16/41

Published date

3 April 2017

Approach to market date

3 April 2017

Contract start date

3 July 2017

Contract end date

2 July 2019

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

Background Information
Dyfed-Powys Police Force provides the Police and Crime Commissioner and his Chief Finance Officer with day to day treasury management activities including:
 Executing and processing all investment and borrowing decisions
 Regular reporting to senior management on treasury management and related issues
 Reporting to the Police and Crime Commissioner, Chief Officers and Members of the Joint Audit Committee
 Forecasting and monitoring the Capital Financing and interest on balances budgets
 Financial accounting for treasury, including input to statutory accounts and production of statutory returns
 Production and maintenance of all treasury strategy, policy and procedures
The current Treasury Management Strategy is available online.

Treasury Management Consultancy Service Requirements
1. Strategic Advice
 Provide advice and assistance to structure an appropriate treasury management and investment strategy, calculation of prudential indicators, minimum revenue provision policy and capital financing requirement.
 Provide balance sheet analysis.
 Provide advice on treasury management practices and procedures including risk management for treasury management activities.
 Conduct quarterly strategic review meetings at the Police and Crime Commissioner's offices in Carmarthen.
 Provide presentations/attend Joint Audit Committee meetings on an ad-hoc basis and as requested. These occur quarterly at the Force HQ in Carmarthen.
2. Economic Analysis & Interest Rate Forecasting
 Monitor and provide regular updates on economic indicators, political changes, Monetary Policy Committee meetings, London Inter-Bank Offer rate, investment returns and other market rates that may impact on current and future borrowing and investment strategies.
 Provide forecasts of movements in economic indicators including inflation, Bank of England base rate, market rates, gilt market movements.
3. Debt Management
 Pro-actively monitor debt portfolio.
 Provide advice on early redemption and repayment.
 Provide advice on different borrowing options including advice on timing and structure of borrowing decisions.
 Assist with financial scenario modelling.
4. Investment and Counterparty Advice
 Provide advice on individual investments within the investment portfolios.
 Provide advice on investment counterparty creditworthiness.
 Provide advice on investment solutions addressing bail-in environment.
 Provide advice on financial instruments that accord with our risk appetite i.e. including but not limited to corporate bonds, covered bonds and floating rate notes.
 Advise on external fund management and custodian account selection.
 Notify and advise on creditworthiness changes from rating agencies.
 Benchmark investment performance and proactively advise on the investment portfolio.
 Advise on structure, duration and timing of individual investment options in context of entire portfolio and in line with strategy.
 Pro-actively advise o

More information

Spend profile

This table displays the spend profile of the notice
Financial year Budget
2017/2018 £14,000
2018/2019 £14,000

About the buyer

Address

Dyfed-Powys Police Headquarters, Llangunnor
Carmarthen
SA31 2PF
Wales

Email

philip.pennells@dyfed-powys.pnn.police.uk