Published date: 26 September 2017
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
Banking and investment services - 66100000
Location of contract
South West
Value of contract
£200,000
Procurement reference
GLOSCC001-DN296954-91845559
Published date
26 September 2017
Closing date
10 October 2017
Contract start date
1 December 2017
Contract end date
30 November 2022
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
To provide independent investment advice on treasury matters to four councils: Cheltenham, Forest of Dean, Gloucestershire, South Gloucestershire. Advice will be required to be given to each Council on any treasury management and capital related issues (including any housing issues where relevant), but specific requirements include:
Strategic Advice
• Advice and guidance on the preparation of the treasury management, borrowing and investment strategy (TMSS), prudential indicators, minimum revenue provision (MRP) policy, capital financing requirement and MRP calculations.
• Advice and guidance on legislative changes, including but not limited to MiFID II, MMF regulation changes, Brexit etc.
• Risk appraisal for Treasury and Capital activities.
• Identification and appraisal of potential suitable investment products and debt instruments.
• Intelligence / analysis on market developments and new products.
• Recommend and approve a list of investment counterparties suitable for use, together with advice on limits and duration.
• Recommend, approve and advise on a list of Brokers suitable for use.
• Recommend, approve and advise on a list of Custody account providers.
About the buyer
Contact name
Commercial Services
Address
Shire Hall
Gloucester
GL1 2TG
United Kingdom
Telephone
+44 1452328900
CommercialServicesCentralMailbox@gloucestershire.gov.uk
Website
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Closing: 10 October 2017
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