Published date: 10 February 2023

This notice was replaced on 10 February 2023

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 2 May 2023)

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.


Contract summary

Industry

  • Treasury services - 66600000

Location of contract

North West

Value of contract

£660,000

Procurement reference

OLDH001-DN655747-59648253

Published date

10 February 2023

Closing date

13 March 2023

Closing time

12pm

Contract start date

1 April 2023

Contract end date

31 March 2027

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

Oldham Council (lead authority) wish to appoint a Supplier to provide treasury advisory services on behalf of the following authorities:
• Bolton Council
• Bury Council
• Greater Manchester Combined Authorities
• Manchester City Council
• Oldham Council
• Rochdale Metropolitan Borough Council
• Salford City Council
• Stockport Council
• Tameside Metropolitan Borough Council
• Trafford Council
• Warrington Borough Council

The role of the Supplier is to work with a number of authorities linked to the Greater Manchester area. It will involve working with treasury management staff to add value to its treasury management activities and ensure that each authority complies with the CIPFA Prudential and Treasury Management Codes.

There should be clear benefits for each authority participating in the form of; better decisions, savings from cheaper borrowing, savings from debt restructuring, improved investment returns, more robust systems and procedures, and skills transfer from the consultant to the authority. It is envisaged that the financial benefits to each authority participating will substantially outweigh the cost of contract.

About the buyer

Contact name

Emily Molden

Address

Commercial Procurement Unit
Civic Centre, West Street
Oldham
OL1 1UT
United Kingdom

Email

emily.molden@oldham.gov.uk

Website

http://www.oldham.gov.uk/