Published date: 11 January 2021
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Services furnished by professional organisations - 98112000
Location of contract
East Midlands
Value of contract
£36,000 to £106,000
Procurement reference
PROC DMC RFQ/297
Published date
11 January 2021
Closing date
4 December 2020
Closing time
12pm
Contract start date
18 January 2021
Contract end date
17 January 2025
Contract type
Service contract
Procedure type
Competitive quotation (below threshold)
The buyer selects a group of potential suppliers to invite to tender.
This procedure can be used for procurements below the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Treasury Management Services. The University considers that in all circumstances the advisor act in the best financial interests of the University and offers guidance when required. The University's primary obligation is to mitigate risk and, alongside security, takes precedence over yield. We will require the Advisor to help the University find ways to improve investment returns without increasing risk to the University and provide information on suitable investment products and assistance on how to structure an appropriate investment strategy.
The contract will be 3 years made up of an initial two-year period and an option to extend for a further year. This ensures all parties continue to offer the best service possible and an opportunity to revaluate the contract at the end of the 2 years.
The advisor is required to attend annual strategy meetings with officers to discuss
and review treasury management activity and the financial environment.
More information
Additional text
-
This contract has been awarded and tendered for via a competitive process.
Award information
Awarded date
11 January 2021
Contract start date
18 January 2021
Contract end date
17 January 2025
Total value of contract
£36,000
This contract was awarded to 1 supplier.
CENTRUS FINANCIAL ADVISORS LIMITED
Address
Senator House,85 Queen Victoria Street
LONDON
EC4V 4AB
GBReference
Companies House number: 10203539
Value of contract
£36,000
Supplier is SME?
Yes
Supplier is VCSE?
No
About the buyer
Contact name
Denise China
Address
Kedleston Road
DERBY
DE221GB
England
Telephone
01332 592004
Website
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Closing: 4 December 2020, 12pm