Treasury Advisory Services for Greater Manchester Authorities

Treasury Advisory Services for Greater Manchester Authorities

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.

United Kingdom-Oldham: Treasury services

2019/S 005-007023

Contract notice

Services

Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses

Oldham Council
Corporate Procurement Level 11, Civic Centre, West Street
Oldham
OL1 1UT
United Kingdom
Contact person: Mrs Emily Molden
Telephone: +44 1617701643
E-mail: emily.molden@oldham.gov.uk
NUTS code: 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
United Kingdom
E-mail: purchasing.admin@bolton.gov.uk
NUTS code: UKD3Internet address(es):Main address: https://www.bolton.gov.uk/

I.1)Name and addresses

Bury Council
Bury
United Kingdom
E-mail: corporateprocurement@bury.gov.uk
NUTS code: UKD3Internet address(es):Main address: https://www.bury.gov.uk/

I.1)Name and addresses

Greater Manchester Combined Authorities
Manchester
United Kingdom
E-mail: enquiries@greatermanchester-ca.gov.uk
NUTS code: UKD3Internet address(es):Main address: https://www.greatermanchester-ca.gov.uk/

I.1)Name and addresses

Manchester City Council
Manchester
United Kingdom
E-mail: procurement@manchester.gov.uk
NUTS code: UKD3Internet address(es):Main address: https://www.manchester.gov.uk/

I.1)Name and addresses

Rochdale Metropolitan Borough Council
Rochdale
United Kingdom
E-mail: procurement@star-procurement.gov.uk
NUTS code: UKD3Internet address(es):Main address: http://www.rochdale.gov.uk/

I.1)Name and addresses

Salford City Council
Salford
United Kingdom
E-mail: procurement@salford.gov.uk
NUTS code: UKD3Internet address(es):Main address: https://www.salford.gov.uk/

I.1)Name and addresses

Stockport Council
Stockport
United Kingdom
E-mail: procurement@star-procurement.gov.uk
NUTS code: UKD3Internet address(es):Main address: https://www.stockport.gov.uk/

I.1)Name and addresses

Tameside Metropolitan Borough Council
Ashton Under Lyne
United Kingdom
E-mail: procurement@star-procurement.gov.uk
NUTS code: UKD3Internet address(es):Main address: https://www.tameside.gov.uk/

I.1)Name and addresses

Trafford Council
Trafford
United Kingdom
E-mail: procurement@star-procurement.gov.uk
NUTS code: UKD3Internet address(es):Main address: https://www.trafford.gov.uk/residents/residents.aspx

I.1)Name and addresses

Warrington Borough Council
Warrington
United Kingdom
E-mail: contact@warrington.gov.uk
NUTS code: UKD3Internet address(es):Main address: https://www.warrington.gov.uk/

I.2)Information about joint procurement

The contract involves joint procurement

I.3)Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at: https://www.the-chest.org.uk/
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be submitted electronically via: https://www.the-chest.org.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:

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.1.5)Estimated total value

Value excluding VAT: 500 000.00 GBP

II.1.6)Information about lots

This contract is divided into lots: no
II.2)Description
II.2.1)Title:
II.2.2)Additional CPV code(s)

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

Criteria below
Quality criterion – Name: Technical Capacity — Expertise and Ability / Weighting: 40 %
Quality criterion – Name: Technical Capacity — Personnel / Weighting: 15 %
Quality criterion – Name: Social Value / Weighting: 10 %
Cost criterion – Name: Annual Cost / Weighting: 25 %
Cost criterion – Name: Facility for Menu Based Modular Option / Weighting: 5 %
Cost criterion – Name: Due Diligence / Weighting: 5 %
II.2.6)Estimated value

II.2.7)Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 48
This contract is subject to renewal: yes
Description of renewals:

The initial contract is for 3 years after which a review will take place of the service to determine if the optional 12 month extension is to be taken.

II.2.10)Information about variants

Variants will be accepted: no

II.2.11)Information about options

Options: no
II.2.12)Information about electronic catalogues

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

Section III: Legal, economic, financial and technical information

III.1)Conditions for participation

III.1.1)Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

List and brief description of conditions:

In the procurement documents.

III.1.2)Economic and financial standing

Selection criteria as stated in the procurement documents

III.1.3)Technical and professional ability

Selection criteria as stated in the procurement documents
III.1.5)Information about reserved contracts
III.2)Conditions related to the contract
III.2.1)Information about a particular profession
III.2.2)Contract performance conditions:

III.2.3)Information about staff responsible for the performance of the contract

Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract

Section IV: Procedure

IV.1)Description

IV.1.1)Type of procedure

Open procedure
IV.1.3)Information about a framework agreement or a dynamic purchasing system
IV.1.4)Information about reduction of the number of solutions or tenders during negotiation or dialogue
IV.1.6)Information about electronic auction

IV.1.8)Information about the 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

IV.2.2)Time limit for receipt of tenders or requests to participate

Date: 06/02/2019
Local time: 12:00
IV.2.3)Estimated date of dispatch of invitations to tender or to participate to selected candidates

IV.2.4)Languages in which tenders or requests to participate may be submitted:

English
IV.2.6)Minimum time frame during which the tenderer must maintain the tender

IV.2.7)Conditions for opening of tenders

Date: 06/02/2019
Local time: 14:00

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: yes
VI.2)Information about electronic workflows
VI.3)Additional information:
VI.4)Procedures for review

VI.4.1)Review body

Oldham Council
Oldham
United Kingdom
VI.4.2)Body responsible for mediation procedures
VI.4.3)Review procedure
VI.4.4)Service from which information about the review procedure may be obtained

VI.5)Date of dispatch of this notice:

04/01/2019

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