Published date: 25 July 2023

This notice was replaced on 25 July 2023

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

Opportunity (published 25 July 2023, last edited 25 July 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

  • Financial and insurance services - 66000000

Location of contract

England

Value of contract

£150,000

Procurement reference

PCC001-DN665670-48450358

Published date

25 July 2023

Closing date

18 August 2023

Closing time

12pm

Contract start date

1 October 2023

Contract end date

30 September 2026

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

Peterborough City Council is retendering for the contract for treasury management advisors. The new contract will cover the period 1st October 2023 - 30th September 2026 with a possible extension for up to two years.
Peterborough's treasury operations include a debt portfolio of £470m and short-term investments of approximately £20m.
The investment strategy is designed to eliminate risk first and foremost. As far as investment criteria go, the Council has chosen to place deposits in money market funds and banks across a select group of counterparties for investment purposes using some of the highest credit ratings available (Fitch F1+ AAA).
The successful consultancy will liaise closely with the Service Director- Corporate Finance and officers in the treasury team to ensure the Council's treasury strategy is designed to achieve the best performance.

More information

Links

About the buyer

Contact name

Helga Kendall

Address

Sand Martin House
Bittern Way
Peterborough
PE2 8TY
United Kingdom

Telephone

+44 1733384593

Email

Helga.Kendall@peterborough.gov.uk

Website

https://www.peterborough.gov.uk/business/supplying-the-council/supply-opportunities