Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Bedford Borough Council
Cauldwell Strett
Bedford
MK42 9AP
UK
Contact person: Andrew Heslop
E-mail: commercial.hub@bedford.gov.uk
NUTS: UKH24
Internet address(es)
Main address: www.bedford.gov.uk
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 Advisory Services
Reference number: BBC CE 00998
II.1.2) Main CPV code
66600000
II.1.3) Type of contract
Services
II.1.4) Short description
Bedford Borough Council is seeking a suitably qualified supplier, with a proven track record, for the provision of a Treasury Management Advisory Service to the Council. The appointer supplier will provide specialist advice, skills and resources in the following areas whilst adding value to the Council’s treasury activities:
— delivering the Council’s Strategy,
— investment policy/management,
— borrowing,
— prudential indicators,
— debt management/restructuring,
— creditworthiness,
— interest rate forecasts,
— economic advice,
— compliance with CIPFA code of practice,
— staff training.
The service specification provides more information on the services to be provided as part of this contract. The appointed supplier will also assist with asset investment decisions made by Charities supported by the Council including:
— House of Industry (charity No 257079),
— Freemans Common (charity No 257628).
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
100 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66600000
II.2.3) Place of performance
NUTS code:
UKH24
Main site or place of performance:
Bedford.
II.2.4) Description of the procurement
Provision of treasury management advisory services.
II.2.5) Award criteria
Quality criterion: Technical capability
/ Weighting: 70 %
Price
/ Weighting:
30 %
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
II.2.14) Additional information
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 221-542289
Section V: Award of contract
Contract No: BBC CE 00998
Title: Treasury Management Advisory Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
17/02/2020
V.2.2) Information about tenders
Number of tenders received: 1
Number of tenders received from SMEs: 1
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 0
Number of tenders received by electronic means: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Arlingclose Ltd
35 Chiswell Street
London
CV37 6AH
UK
NUTS: UKH24
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 100 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
High Court
Royal Courts of Justice
MK42 9AP
UK
Internet address(es)
URL: www.bedford.gov.uk
VI.4.3) Review procedure
Precise information on deadline(s) for review procedures:
VI.4.4) Service from which information about the review procedure may be obtained
Bedford Borough Council
Cauldwell Strett
Bedford
MK42 9AP
UK
E-mail: commercial.hub@bedford.gov.uk
Internet address(es)
URL: www.bedford.gov.uk
VI.5) Date of dispatch of this notice
24/02/2020