Published date: 11 January 2021

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 4 December 2020, 12pm

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
GB

Reference

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

Email

procurement@derby.ac.uk

Website

www.derby.ac.uk