Treasury Services Contract London
The Financial Ombudsman Service requirement for treasury services to manage our cash in line with our investment policy and risk appetite.
United Kingdom-London: Treasury services
2019/S 053-122293
Contract notice
Services
Directive 2014/24/EU
Section I: Contracting authority
I.1)Name and addresses
Exchange Tower, Harbour Exchange Square,
London
E14 9SR
United Kingdom
Contact person: Emily Smith-Adams
Telephone: +44 2079640562
E-mail: procurement.enquiries@financial-ombudsman.org.uk
NUTS code: UKI
I.3)Communication
I.4)Type of the contracting authority
I.5)Main activity
Section II: Object
II.1.1)Title:
Contract for the Provision of Treasury Services
II.1.2)Main CPV code
II.1.3)Type of contract
II.1.4)Short description:
The Financial Ombudsman Service (the Ombudsman) requirement for treasury services to manage our cash in line with our investment policy and risk appetite by:
— monitoring our daily cash position,
— investing our surplus funds on the money market,
— monitoring our counter-parties performance in line with our investment policy,
— conducting and review of annual our investment policy and strategy and where appropriate recommending changes to ensure it remains fit for purpose.
II.1.5)Estimated total value
II.1.6)Information about lots
II.2.2)Additional CPV code(s)
II.2.3)Place of performance
Exchange Tower, London E14 9GE.
II.2.4)Description of the procurement:
Contract for the provision of treasury services.
II.2.5)Award criteria
II.2.6)Estimated value
II.2.7)Duration of the contract, framework agreement or dynamic purchasing system
The Authority proposes to enter into the contract for an initial 48 months with the option to extend by up to an additional twelve (12) months extension at the absolute discretion of the Authority.
II.2.10)Information about variants
II.2.11)Information about options
II.2.13)Information about European Union funds
Section III: Legal, economic, financial and technical information
III.1.2)Economic and financial standing
III.1.3)Technical and professional ability
Section IV: Procedure
IV.1.1)Type of procedure
IV.1.8)Information about the Government Procurement Agreement (GPA)
IV.2.2)Time limit for receipt of tenders or requests to participate
IV.2.4)Languages in which tenders or requests to participate may be submitted:
IV.2.6)Minimum time frame during which the tenderer must maintain the tender
IV.2.7)Conditions for opening of tenders
Section VI: Complementary information
VI.1)Information about recurrence
VI.2)Information about electronic workflows
VI.4.1)Review body
Exchange Tower
London
E14 9GE
United Kingdom
E-mail: procurement.enquiries@financial-ombudsman.org.ukInternet address: https://www.financial-ombudsman.org.uk/
VI.4.2)Body responsible for mediation procedures
Exchange Tower
London
E14 9GE
United Kingdom
E-mail: procurement.enquiries@financial-ombudsman.org.ukInternet address: https://www.financial-ombudsman.org.uk/
VI.4.4)Service from which information about the review procedure may be obtained
Exchange Tower
London
E14 9GE
United Kingdom
E-mail: procurement.enquiries@financial-ombudsman.org.uk
VI.5)Date of dispatch of this notice: