Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Oldham Council
Corporate Procurement Level 8, Civic Centre, West Street
Oldham
OL1 1UT
UK
Contact person: Mrs Emily Molden
Telephone: +44 1617701643
E-mail: emily.molden@oldham.gov.uk
NUTS: UKD3
Internet address(es)
Main address: http://www.oldham.gov.uk/
Address of the buyer profile: http://www.oldham.gov.uk/
I.1) Name and addresses
Bolton Council
Bolton
UK
E-mail: purchasing.admin@bolton.gov.uk
NUTS: UKD3
Internet address(es)
Main address: https://www.bolton.gov.uk/
I.1) Name and addresses
Bury Council
Bury
UK
E-mail: corporateprocurement@bury.gov.uk
NUTS: UKD3
Internet address(es)
Main address: https://www.bury.gov.uk/
I.1) Name and addresses
Greater Manchester Combined Authorities
Manchester
UK
E-mail: enquiries@greatermanchester-ca.gov.uk
NUTS: UKD3
Internet address(es)
Main address: https://www.greatermanchester-ca.gov.uk/
I.1) Name and addresses
Manchester City Council
Manchester
UK
E-mail: procurement@manchester.gov.uk
NUTS: UKD3
Internet address(es)
Main address: https://www.manchester.gov.uk/
I.1) Name and addresses
Rochdale Metropolitan Borough Council
Rochdale
UK
E-mail: procurement@star-procurement.gov.uk
NUTS: UKD3
Internet address(es)
Main address: http://www.rochdale.gov.uk/
I.1) Name and addresses
Salford City Council
Salford
UK
E-mail: procurement@salford.gov.uk
NUTS: UKD3
Internet address(es)
Main address: https://www.salford.gov.uk/
I.1) Name and addresses
Stockport Council
Stockport
UK
E-mail: procurement@star-procurement.gov.uk
NUTS: UKD3
Internet address(es)
Main address: https://www.stockport.gov.uk/
I.1) Name and addresses
Tameside Metropolitan Borough Council
Ashton Under Lyne
UK
E-mail: procurement@star-procurement.gov.uk
NUTS: UKD3
Internet address(es)
Main address: https://www.tameside.gov.uk/
I.1) Name and addresses
Trafford Council
Trafford
UK
E-mail: procurement@star-procurement.gov.uk
NUTS: UKD3
Internet address(es)
Main address: https://www.trafford.gov.uk/residents/residents.aspx
I.1) Name and addresses
Warrington Borough Council
Warrington
UK
E-mail: contact@warrington.gov.uk
NUTS: UKD3
Internet address(es)
Main address: https://www.warrington.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
For the Provision of Treasury Advisory Services
Reference number: DN384363
II.1.2) Main CPV code
66600000
II.1.3) Type of contract
Services
II.1.4) Short description
To work with treasury management staff to add value to its treasury management activities and ensure compliance with the CIPFA revised 2017 Prudential and Treasury Management Codes. Core services required (but not limited to) are:
1) Economic forecasting;
2) Annual treasury strategy;
3) Investment advice;
4) Capital strategy;
5) Borrowing;
6) Debt restructuring;
7) Counter-parties and treasury procedures;
8) Legislative and regulatory framework;
9) Performance information;
10) Operational training;
11) Seminars;
12) Additional advice.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
500 000.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKD3
II.2.4) Description of the procurement
To work with treasury management staff to add value to its treasury management activities and ensure compliance with the CIPFA revised 2017 Prudential and Treasury Management Codes. This contract is led by Oldham Council but is open to other Greater Manchester Authorities as named in Section I.2 of this notice. Please note that not all authorities will access the contract from the initial start date and some may not at all.
II.2.5) Award criteria
Quality criterion: Technical capacity — expertise and ability
/ Weighting: 40
Quality criterion: Technical capacity — personnel
/ Weighting: 15
Quality criterion: Social value
/ Weighting: 10
Cost criterion: Annual
/ Weighting: 25
Cost criterion: Facility for menu based modular option
/ Weighting: 5
Cost criterion: Due diligence
/ Weighting: 5
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
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
Section V: Award of contract
Contract No: DN384363
Title: For the Provision of Treasury Advisory Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
21/03/2019
V.2.2) Information about tenders
Number of tenders received: 2
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: 2
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Link Treasury Services Ltd
London
UK
NUTS: UKD3
The contractor is an SME:
No
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:
: 500 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.5) Date of dispatch of this notice
21/03/2019