Published date: 22 March 2024

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


Closing: 7 March 2022, 12pm

Contract summary

Industry

  • Financial market regulatory services - 66152000

  • Financial consultancy services - 66171000

  • Treasury services - 66600000

    • Financial management consultancy services - 79412000

Location of contract

GU2 4BB

Value of contract

£0

Procurement reference

IT-234-33972-GBC - 033972 - AWARD

Published date

22 March 2024

Closing date

7 March 2022

Closing time

12pm

Contract start date

1 April 2022

Contract end date

31 March 2025

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?

No

Contract is suitable for VCSEs?

No

Description

Guildford Borough Council wishes to invite potential service providers to tender for a 3-year contract with possible two-year extension to begin on 1 April 2022 for the provision of Treasury Management Services.
The Council currently has approximately £140 million in-house investments and £15 million in external funds. The council has internal debt for the General Fund CFR, but around £70 million short term borrowing, and £194 million external debt relating to the Housing Revenue Account. We have a large capital programme and are starting to externalise some of the borrowing starting in 2021-2022.
The Council's Treasury Management activities are regulated by a variety of professional codes, statutes and guidance including the Local Government Act 2003, SI 2003 3148, CIPFA Prudential Code for Capital Finance in Local Authorities and the CIPFA Code of Practice of Treasury Management in the Public Services.

Award information

Awarded date

8 April 2022

Contract start date

1 April 2022

Contract end date

31 March 2025

Total value of contract

£135,000

This contract was awarded to 1 supplier.

Arlingclose Ltd

Address

35 Chiswell Street, London, EC1Y 4SE, London, United Kingdom, EC2R6EL

Reference

None

About the buyer

Contact name

Nazia Hussain (GBC)

Address

Guildford
Surrey
SurreY
GU2 4BB
United Kingdom

Telephone

07866162918

Email

nazia.hussain@guildford.gov.uk

Website

http://www.guildford.gov.uk