RFP QuestBeta
ClosedStage · contract

Guildford Borough Council

GBC - The Provision of Treasury Management Services - AWARD

Financial ServicesCPV 66000000 79000000 79400000 79410000 66100000 66170000 66150000
Value£135k
Deadline7 Mar 2022
Published22 Mar 2024
RegionUK-wide
Timeline
Published 22 Mar 2024ClosedCloses 7 Mar 2022
Contract value in context
£135ktotal contract value
median £150k
this tender£0£4.7m

This sits in the lower-middle of the Financial & Insurance Services band — a mid-scale opportunity. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

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The brief

Guildford Borough Council wishes to invite potential service providers to tender for a 3-year contract with possible two-year extension to begin on 1 April 2022 for the provision of Treasury Management Services.

The Council currently has approximately £140 million in-house investments and £15 million in external funds.

The council has internal debt for the General Fund CFR, but around £70 million short term borrowing, and £194 million external debt relating to the Housing Revenue Account.

We have a large capital programme and are starting to externalise some of the borrowing starting in 2021-2022.

The Council's Treasury Management activities are regulated by a variety of professional codes, statutes and guidance including the Local Government Act 2003, SI 2003 3148, CIPFA Prudential Code for Capital Finance in Local Authorities and the CIPFA Code of Practice of Treasury Management in the Public Services.

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Source & provenance
OCID
f37cab71-8fbb-406a-9d82-312573ffc900
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
IT-234-33972-GBC - 033972 - AWARD
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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