Treasury Management Advice Tender – Coventry

Treasury Management Advice Tender – Coventry

To provide treasury management advice including but not limited to the management of investment risk and borrowing strategies.

United Kingdom-Coventry: Treasury services

2018/S 247-569189

Contract notice

Services

Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses

Coventry City Council
Earl Street
Coventry
CV1 5RR
United Kingdom
Contact person: Sheree Wesson
E-mail: procurement.services@coventry.gov.uk
NUTS code: UK
Internet address(es):Main address: http://www.coventry.gov.uk

Address of the buyer profile: www.csw-jets.co.uk

I.1)Name and addresses

Coventry City Council
Earl Street
Coventry
CV1 5RR
United Kingdom
Contact person: Sheree Wesson
E-mail: procurement.services@coventry.gov.uk
NUTS code: UK
Internet address(es):Main address: http://www.coventry.gov.uk

Address of the buyer profile: www.csw-jets.co.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: www.csw-jets.co.uk
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be submitted to the abovementioned address

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:

COV – Treasury Management Advice

Reference number: COV7080

II.1.2)Main CPV code

66600000

II.1.3)Type of contract

Services

II.1.4)Short description:

Coventry City Council and West Midlands Combined Authorities (WMCA) wish to appoint a contractor(s) to provide treasury management advice including but not limited to the management of investment risk and borrowing strategies.

The WMCA comprises of 12 Local Authorities (Birmingham City Council, Coventry City Council, Dudley MBC, Sandwell MBC, Solihull MBC, Walsall MBC, City of Wolverhampton Council, Cannock Chase District Council, North Warwickshire Borough Council, Nuneaton and Bedworth Borough Council, Redditch Borough Council, Rugby Borough Council, Shropshire Council, Stratford-on-Avon District Council, Tamworth Borough Council, Telford and Wrekin Council and Warwickshire County Council) and 3 Local Enterprise Partnerships (Black Country, Coventry and Warwickshire, and Greater Birmingham and Solihull).

Divided into 2 lots.

— Lot 1 Coventry City Council

— Lot 2 West Midlands Combined Authority (WMCA)

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: yes
Tenders may be submitted for all lots
Maximum number of lots that may be awarded to one tenderer: 2
II.2)Description

II.2.1)Title:

Coventry City Council

Lot No: 1

II.2.2)Additional CPV code(s)

66600000

II.2.3)Place of performance

NUTS code: UKG33
Main site or place of performance:

Coventry

II.2.4)Description of the procurement:

Coventry City Council wish to appoint a contractor to provide treasury management advice including but not limited to the management of investment risk and borrowing strategies.

II.2.5)Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6)Estimated value

Value excluding VAT: 250 000.00 GBP

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

Duration in months: 84
This contract is subject to renewal: yes
Description of renewals:

Duration is 84 months (5 years plus a potential 2-year extension). The contract will either be renewed prior to 60 months or 84 months, depending on whether an extension option is utilised.

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

There is the option for an extension period of a further 24 months, details within the tender documents.

II.2)Description

II.2.1)Title:

West Midlands Combined Authority (WMCA)

Lot No: 2

II.2.2)Additional CPV code(s)

66600000

II.2.3)Place of performance

NUTS code: UKG
Main site or place of performance:

West Midlands

II.2.4)Description of the procurement:

West Midlands Combined Authorities (WMCA) wish to appoint a contractor to provide treasury management advice including but not limited to the management of investment risk and borrowing strategies.

II.2.5)Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6)Estimated value

Value excluding VAT: 250 000.00 EUR

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

Duration in months: 84
This contract is subject to renewal: yes
Description of renewals:

Duration is 84 months (5 years plus a potential 2-year extension). The contract will either be renewed prior to 60 months or 84 months, depending on whether an extension option is utilised.

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

There is the option for an extension period of a further 24 months, details within the tender documents.

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
III.1.2)Economic and financial standing
III.1.3)Technical and professional ability
III.1.5)Information about reserved contracts
III.2)Conditions related to the contract

III.2.1)Information about a particular profession

Execution of the service is reserved to a particular profession
Reference to the relevant law, regulation or administrative provision:

FCA certified organisation.

III.2.2)Contract performance conditions:
III.2.3)Information about staff responsible for the performance of 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: 31/01/2019
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

Duration in months: 3 (from the date stated for receipt of tender)

IV.2.7)Conditions for opening of tenders

Date: 31/01/2019
Local time: 12:10
Place:

Coventry

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: yes
Estimated timing for further notices to be published:

Approximately November 2023 if the extension option isn’t utilised, if the 24-month extension is taken then November 2025

VI.2)Information about electronic workflows
VI.3)Additional information:
VI.4)Procedures for review

VI.4.1)Review body

Coventry City Council
Coventry
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:

19/12/2018

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