Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
The Highland Council
Glenurquhart Road
Inverness
IV3 5NX
UK
Contact person: Commercial and Procurement Shared Service
Telephone: +44 1467530600
E-mail: CPSSprocurement@aberdeencity.gov.uk
NUTS: UKM50
Internet address(es)
Main address: http://www.highland.gov.uk
Address of the buyer profile: https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00045
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
Provision of Treasury Management Advisory Services
Reference number: HC/COR/TM/2025
II.1.2) Main CPV code
66600000
II.1.3) Type of contract
Services
II.1.4) Short description
The Highland Council are inviting tenders for Treasury Management Advisory Services for a three-year period, with an option to extend by a further period of up to twelve months.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
82 140.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66600000
II.2.3) Place of performance
NUTS code:
UKM6
Main site or place of performance:
Inverness
II.2.4) Description of the procurement
The Highland Council are inviting tenders for Treasury Management Advisory Services for a three-year period, with an option to extend by a further period of up to twelve months.
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 70
Price
/ Weighting:
30
II.2.11) Information about options
Options:
Yes
Description of options:
1 x12 month extension period
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:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2025/S 000-063339
Section V: Award of contract
Contract No: HC/COR/TM/2025
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
23/12/2025
V.2.2) Information about tenders
Number of tenders received: 2
Number of tenders received from SMEs: 2
Number of tenders received from tenderers from EU Member States: 0
Number of tenders received from tenderers from non-EU Member States: 2
Number of tenders received by electronic means: 2
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
MUFG Corporate Markets
19th Floor, 51 Lime Street
London
EC3M 7DQ
UK
Telephone: +44 7710504730
E-mail: sandy.flight@mpms.mufg.com
NUTS: UKI
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 82 140.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
(SC Ref:819763)
VI.4) Procedures for review
VI.4.1) Review body
Inverness Sheriff Court
Inverness
UK
VI.5) Date of dispatch of this notice
06/01/2026