Published date: 6 May 2021

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: 21 May 2021, 12pm

Contract summary

Industry

  • Corporate finance and venture capital services - 66122000

  • Financial markets administration services - 66150000

  • Financial market operational services - 66151000

    • Financial market regulatory services - 66152000

    • Financial consultancy, financial transaction processing and clearing-house services - 66170000

    • Financial consultancy services - 66171000

Location of contract

MK9 3EJ

Value of contract

£0

Procurement reference

2021-055

Published date

6 May 2021

Closing date

21 May 2021

Closing time

12pm

Contract start date

28 May 2021

Contract end date

27 July 2021

Contract type

Service contract

Procedure type

Open procedure (below threshold)

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

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Appointment of a Financial Advisor to support Business Case of Commissioning a new Materials Recycling Facility

Environmental Services Programme
The Environmental Services Programme is looking at future service delivery for 2023. The major services in the programme touch all residents in Milton Keynes and include:

- Waste collection and cleansing;
- Materials Recycling Facility;
- Landscape maintenance
- Play area Inspections and maintenance
- Food and garden waste treatment; and
- The operation and management of the household waste recycling centres.

The programme provides a transformation of the future services, including a change to the way we collect waste and recycling from residents and future proofing of our infrastructure (buildings and sites) and assets (plant and vehicles) for service delivery and to support the Council's Greenest City strategy. The programme also includes the management and operation of our Materials Recycling Facility (MRF) and infrastructure improvements.

The Council is currently preparing its Business Case for the decision on how the services will be delivered from April 2023. This includes packaging and the delivery mechanism for the Materials Recycling Facility, build in 1993 and owned by the Council. The facility is currently managed by Viridor.

Wood, the Council's technical advisers have compiled and identified the capital costs for the delivery of the capital programme to refurbish and rebuild elements of the existing facility. The capital spend profile and construction profile is understood.

However, in order to justify the capital spend and the meet the Councils existing revenue provision for the services provided the Council waste and finance team require a high-level analysis and financial P&L / revenue model that focuses on the differentiators as to how the MRF could operate, including (but not limited to);

- Labour & Pensions
- Annualised Assets
- Running costs (fuel/maintenance)
- Third party Income
- MRF/Commodity Offtake costs
- Overheads
- Profit

We have the proposed headline operational expenditure costs, size of the facility staffing numbers and operational hours information and the Authority will be satisfied to receive a scenarios that consider different value of commodities extracted from the recycling.


Financial Advisor Role
The Council requires a Financial Adviser to review the work of Wood and to provide high level support developing the cost envelope.

Following the initial review the Council requires a Financial Adviser to prepare a Business Base to "Investment Decision" stage in accordance with HM Treasury Guidance "Guide to Developing the Project Business Case".

This request is for a business case to support the Authority up to investment decision stage

More information

Links

Additional text

Environmental Services Programme
The Environmental Services Programme is looking at future service delivery for 2023. The major services in the programme touch all residents in Milton Keynes and include:

o Waste collection and cleansing;
o Materials Recycling Facility;
o Landscape maintenance
o Play area Inspections and maintenance
o Food and garden waste treatment; and
o The operation and management of the household waste recycling centres.

The programme provides a transformation of the future services, including a change to the way we collect waste and recycling from residents and future proofing of our infrastructure (buildings and sites) and assets (plant and vehicles) for service delivery and to support the Council's Greenest City strategy. The programme also includes the management and operation of our Materials Recycling Facility (MRF) and infrastructure improvements.

The Council is currently preparing its Business Case for the decision on how the services will be delivered from April 2023. This includes packaging and the delivery mechanism for the Materials Recycling Facility, build in 1993 and owned by the Council. The facility is currently managed by Viridor.

Milton Keynes Council requires a Financial Adviser to review the work of Wood, the Council's technical adviser, and to provide high level support developing the cost envelope.

If you would like to register your interest in this opportunity, please visit Milton Keynes Council's e-tendering portal by clicking on the link to follow https://in-tendhost.co.uk/milton-keynes/

For queries about the E Tendering portal please contact contracts@milton-keynes.gov.uk

Is a Recurrent Procurement Type? : No

About the buyer

Contact name

Klaudia Kulczyc

Address

1 Saxon Gate East
Silbury Boulevard
Milton Keynes
MK9 3EJ
United Kingdom

Telephone

01908 691691

Email

Klaudia.Kulczyc@milton-keynes.gov.uk