Cash Portfolio Management Partnership Service

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
None
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.
Description:
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)
https://www.londontenders.org/procontract/supplier.nsf/frm_home?ope nForm
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:
http://www.towerhamlets.gov.uk/lgsl/801-850/828_tend ers_and_contracts/guidance_to_suppliers_and.aspx
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.
Contact:
Miss Julie Harmer
Email Address:
julie.harmer@towerhamlets.gov.uk
Telephone:
020 7364 4044
Fax:
020 7364 4973
Address:
4th Floor Mulberry Place, Town Hall
5 Clove Crescent
London
Greater London
E14 2BG
United Kingdom
Key Dates
04/05/2013
03/05/2015
11/03/2013 12:00
02/04/2013 12:00
Other Information
Estimated Value (£):
150000
24 (months)
12 (months)
0
Contract Attachment(s)
Attached/Link Name Size Date Uploaded
T&C Cash Portfolio Management Contract FINAL.doc 176kb 11/03/2013

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