Cash Portfolio Management Partnership Service
The supplier will be responsible for the daily dealing, but not settlement of money market transactions. Other responsibilities will include daily, weekly, monthly and annual reporting of transactions and performance which would be measured against targets.
- Tower Hamlets
- R4439 Cash Portfolio Management Partnership Service
- Contract Title: R4439 Cash Portfolio Management Partnership Services
The London Borough of Tower Hamlets (LBTH) is seeking quotations from interested organisations for the above services.
The Council has a cash investment portfolio which averages approximately £180m per annum and is looking for a supplier to help manage it. The supplier will be responsible for the daily dealing, but not settlement of money market transactions. Other responsibilities will include daily, weekly, monthly and annual reporting of transactions and performance which would be measured against targets: making recommendations for change to the Council’s counterparty list: working with the Council’s staff to prepare performance reports and annual accounts and dealing with queries arising therefrom: completion of Government and other returns on cash management activity and working with the Council’s supplier of treasury consultancy services as required.
The anticipated contract start date is: 4th May 2013
The estimated value of the contract is: £30,000 per annum plus performance bonus
For a period of: 2 years with an option to extend for a further 1 year.Organisations wishing to submit quotations are requested to register on the London Tenders Portal via the link below, where the invitation to quote documentation will be available for download. Please allow sufficient time to register (at least 1 working day).
LBTH uses the e-tendering system, the London Tenders Portal, which is free of charge to suppliers and providers. (Double-click links on this page or copy and paste to your web browser)
LBTH accepts no liability for expressions of interest that are not received due to internet connectivity issues, transmission delays or errors.
Deadline for return of quotation is:
Date: 2nd April 2013
Time: 12 Noon
LBTH is an Equal Opportunities Employer and a supporter of Ethical Governance, our protocol can be found here along with Guidance to Suppliers and Providers or via:
LBTH does not undertake to bind itself to accept the lowest or any quotation. LBTH will not be liable for any costs incurred in quoting for this contract.
- Miss Julie Harmer
- Email Address:
- 020 7364 4044
- 020 7364 4973
- 4th Floor Mulberry Place, Town Hall
5 Clove Crescent
- 11/03/2013 12:00
- 02/04/2013 12:00
- Estimated Value (£):
- 24 (months)
- 12 (months)
|Attached/Link Name||Size||Date Uploaded|
|T&C Cash Portfolio Management Contract FINAL.doc||176kb||11/03/2013|