Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Essex County Council
County Hall, Market Road
Chelmsford
CM11QH
UK
E-mail: joshua.carter@essex.gov.uk
NUTS: UKH36
Internet address(es)
Main address: https://www.essex.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 Advisory Services
Reference number: E008PC
II.1.2) Main CPV code
66171000
II.1.3) Type of contract
Services
II.1.4) Short description
We are seeking a treasury management advisor who will:
Ensure that our in-house treasury management team has the information it needs in order to make sound decisions on our day-to-day investment and borrowing activities, and to comply with regulatory and professional best practice;
Work with our in-house treasury management team to help shape and implement our treasury management strategy over the medium term, with a particular focus on achieving value for money, whilst ensuring that these activities are also undertaken in a responsible and sustainable way; and
Provide additional advisory support, at an agreed rate, in relation to treasury management and related activity
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
47 066.67
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKH3
II.2.4) Description of the procurement
We are seeking a treasury management advisor who will:
Ensure that our in-house treasury management team has the information it needs in order to make sound decisions on our day-to-day investment and borrowing activities, and to comply with regulatory and professional best practice;
Work with our in-house treasury management team to help shape and implement our treasury management strategy over the medium term, with a particular focus on achieving value for money, whilst ensuring that these activities are also undertaken in a responsible and sustainable way; and
Provide additional advisory support, at an agreed rate, in relation to treasury management and related activity
II.2.5) Award criteria
Price
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
Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
The procurement falls outside the scope of application of the Directive
Explanation
A call off from ESPO Framework 664_21 Lot 2F. Expressions of interest requested, one response received by deadline and direct award procedure followed in line with framework guidance and ECC's policies and procedures.
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
29/08/2025
V.2.2) Information about tenders
Number of tenders received: 1
Number of tenders received from SMEs: 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
MUFG Corporate Markets
02605568
Leeds
UK
NUTS: UK
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:
: 47 066.67
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Royal Courts of Justice
London
UK
VI.5) Date of dispatch of this notice
05/09/2025