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Competitive Contract Notice


1. Title: UK-Basildon: Treasury Consultancy Service
2. Awarding Authority: Official name: Basildon District Council, Postal Address: The Basildon Centre, St. Martins Square, Town: Basildon, Telephone: 01268 294339, E-mail: diane.morrison@basildon.gov.uk, Contact Point(s): , For the attention of: , Postal Code: SS14 1DL, Country: UNITED KINGDOM, Fax: 01268 294451, General address of the contracting authority (URL): , Address of the Buyer Profile (URL):
3. Contract type: Services
4. Description: Basildon District Council has an active treasury management section, investing surplus funds of up to GBP 33 million and currently managing a portfolio of money market and PWLB debt of around GPB 130 million (although this is expected to rise with the provision of GBP 142 million of supported borrowing by the Government to improve the Council's housing stock). The Council is seeking expressions of interest from corporate bodies in the provision of advice to the Treasury section. The successful organisation will be expected to provide professional advice on the development of an active treasury management strategy, appropriate counterparty selection criteria and debt portfolio management, together with frequent economic commentaries, assistance with interest rate forecasting and prompt advice of credit rating changes. They will review the potential impact of any relevant new or revised legislation, statutory guidance, code of good practice or similar document on the delivery of treasury services by the Financial Services Department. The contract is envisaged to take effect from mid June 2009 and last for three years, with the option to extend under the same terms for a further two years.
5. CPV code:
Main Object: 66600000.
Additional Object: 66171000.
6. NUTS code: UKH3.
7. Main site or location of works, main place of delivery or main place of performance: UKH3.
8. Reference attributed by awarding authority:
9. Estimated Value of Requirement: Category I: 50K to 100K
Currency: GBP
10. Deadline for expression of interest: 22/04/2009
Time: 12:00
11. Address to which they must be sent: As in I.1.
12. Other information: The Council will not be obliged to accept any proposal. You will not be entitled to claim from the Authority any costs or expenses which you may incur in preparing your tender whether or not it should be successful. To register your Expression of Interest please email diane.morrison@basildon.gov.uk before the closing date of 12noon Wednesday 22 April 2009 including your company profile detailing relevant experience on no more than one A4 single sided sheet of paper. Relevant shortlisted Expressions of Interest will be sent a tender pack week commencing Monday 27th April, 2009. For any technical questions please contact Julie Bissell, Accountancy Telephone: 01268 294698
13. Submitted date: 02/04/2009


END OF NOTICE

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