Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
South Somerset District Council
The Council Office, Brympton Way
Yeovil
BA20 2HT
UK
Contact person: Mr Brendan Downes
Telephone: +44 1935462076
E-mail: brendan.downes@southsomerset.gov.uk
NUTS: UKK23
Internet address(es)
Main address: http://www.southsomerset.gov.uk/
Address of the buyer profile: http://www.southsomerset.gov.uk/
I.1) Name and addresses
Somerset West and Taunton Council
The Deane House, Belvedere Road
Taunton
TA1 1HE
UK
Contact person: David Carpenter
E-mail: d.carpenter@somersetwestandtaunton.gov.uk
NUTS: UKK23
Internet address(es)
Main address: www.somersetwestandtaunton.gov.uk
I.2) Joint procurement
The contract involves joint procurement
I.4) Type of the contracting authority
Regional or local authority
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Treasury Management Consultancy Advice
Reference number: DN401990
II.1.2) Main CPV code
66600000
II.1.3) Type of contract
Services
II.1.4) Short description
The provision of treasury management consultancy advice to include:
1) Investments and borrowing;
2) Investment counterparties;
3) Technical advice;
4) Economic conditions and interest rates;
5) Strategies and reports;
6) Treasury strategy meetings;
7) Training events and seminars.
II.1.6) Information about lots
This contract is divided into lots:
Yes
II.2) Description
Lot No: 1
II.2.1) Title
Core Services to South Someret District Council
II.2.2) Additional CPV code(s)
66600000
II.2.3) Place of performance
NUTS code:
UKK23
II.2.4) Description of the procurement
The provision of treasury management consultancy advice to include:
1) Investments and borrowing;
2) Investment counterparties;
3) Technical advice;
4) Economic conditions and interest rates;
5) Strategies and reports;
6) Treasury strategy meetings;
7) Training events and seminars.
II.2.5) Award criteria
Cost criterion: Cost
/ Weighting: 60
Cost criterion: Quality
/ Weighting: 40
II.2.11) Information about options
Options:
Yes
Description of options:
The contract would have been be for an initial 3 years, with options to extend for a further 2 years on a year by year basis.
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 2
II.2.1) Title
Core Services to Somerset West and Taunton Council
II.2.2) Additional CPV code(s)
66600000
II.2.3) Place of performance
NUTS code:
UKK23
II.2.4) Description of the procurement
The provision of treasury management consultancy advice to include:
1) Investments and borrowing;
2) Investment counterparties;
3) Technical advice;
4) Economic conditions and interest rates;
5) Strategies and reports;
6) Treasury strategy meetings;
7) Training events and seminars.
II.2.5) Award criteria
Cost criterion: Cost
/ Weighting: 60
Cost criterion: Quality
/ Weighting: 40
II.2.11) Information about options
Options:
Yes
Description of options:
The contract would have been for an initial 3 years, with options to extend for a further 2 years on a year by year basis.
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2019/S 068-159916
Section V: Award of contract
A contract/lot is awarded:
No
V.1 Information on non-award
The contract/lot is not awarded
Other reasons (discontinuation of procedure)
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
South Somerset District Council
Brympton Way
Yeovil
BA20 2HT
UK
VI.5) Date of dispatch of this notice
16/04/2019