Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Norfolk County Council
Norwich
NR1 2DH
UK
Contact person: Claire Dawson
E-mail: sourcingteam@norfolk.gov.uk
NUTS: UKH15
Internet address(es)
Main address: www.norfolk.gov.uk
Address of the buyer profile: https://in-tendhost.co.uk/norfolkcc/aspx/Home
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 Services
Reference number: NCCT41843
II.1.2) Main CPV code
66171000
II.1.3) Type of contract
Services
II.1.4) Short description
Norfolk County Council was seeking to procure treasury management consultancy services, including professional treasury management advice, guidance and data.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
277 350.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKH15
II.2.4) Description of the procurement
Norfolk County Council has a small dedicated banking and treasury team which manages day-to-day and long-term treasury management activities. The council requires professional advice to support this team, their management, and the elected members who are ultimately responsible for treasury management with advice, guidance and data.
II.2.5) Award criteria
Quality criterion: Consultancy services
/ Weighting: 20
Quality criterion: Reporting
/ Weighting: 20
Quality criterion: Relationship management
/ Weighting: 15
Quality criterion: Performance monitoring and innovation
/ Weighting: 15
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
The value at II.1.7) takes in to account the potential extension of the initial term of the contract. The contract was let on an 8 years + 2 years basis.
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 120-294516
Section V: Award of contract
Contract No: NCCT41843
Title: Treasury Management Consultancy Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
13/08/2019
V.2.2) Information about tenders
Number of tenders received: 1
Number of tenders received from SMEs: 0
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
Link Treasury Services Ltd t/a Link Asset Services
London
UK
NUTS: UKI31
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:
: 277 350.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Norfolk County Council
County Hall, Martineau lane
Norwich
NR1 2DH
UK
VI.4.4) Service from which information about the review procedure may be obtained
Norfolk County Council
Martineau Lane, Norwich
Norwich
NR1 2DH
UK
VI.5) Date of dispatch of this notice
15/10/2019