COV - Financial Advisors Framework 2021

Concepts

• finance and insurance
• coventry
• coventry city council
• financial advisors
• financial advisors framework
• single lot framework
• financial advisory services
• framework arrangement
• cov
• number of further projects

Location

Coventry

Description

Coventry City Council (CCC) is keen to focus on commercialisation with the aim of reducing it’s resource burden;-Investing capital to realise sustainable, long term revenue;-Creating value from existing Council assets by creating or expanding traded services; and-Doing more with less, by adopting a commercial approach to core service delivery.The Council has been proactive over the last 3 years in creating such opportunities and is exploring a number of further projects and initiatives.Further projects and initiatives will be explored with service colleagues during 2021, with an aspiration for an additional 5 ‘big ticket’ projects to be identified and progressed through the feasibility stages.The scope of the necessary input for financial advisors will vary by project, and by the stage of the project and the Council is looking to appoint 2 suppliers to work with it via a framework arrangement over the next 4 years.

Total Quantity or Scope

A competitive with negotiation procedure to establish a single lot framework with 2 suppliers for Financial Advisory Services.

Renewal Options

The Council may have an ongoing need for Financial Advisory services at the end of this 4 year term, although this is not guaranteed.

CPV Codes

• 66000000 - Financial and insurance services
• 66171000 - Financial consultancy services

Indicators

• Bids should cover the whole contract.
• This is a recurring contract.
• Renewals are available.
• Award on basis of price and quality.